Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

Category: H

HEALTH REIMBURSEMENT ACCOUNT (HRA)

An employer funded medical fund that reimburses to offer tax advantages for health are costs. No additional taxes are taken from the contributions.

HEAVY CRUDE

Crude oil with 22deg or less API gravity. This is because the asphalt and other heavy hydrocarbon fractions.

HEIJUNKA

Coordinating the sequences of small production batches in the line to make the time it takes less. It is a Japanese model.

HERFINDAHL INDEX

The size of firms in relation to the industry. It relates to the competition on the market. AKA Herfindahl-Hirchman Index (HHI). It is named after Orris C Herfindahl.

HIDDEN UNEMPLOYMENT

Unemployed parties that are not in unemployment figures the government releases. It happens because figures include people that are seeking employment. Those not looking or have given up are not counted and

HIGH SEAS

The seas outside the territorial waters that are open to all states.

HIT

Every time a server sends a file it records a hit. The hits in a period of time are used to measure traffic. Each element corresponds to a file so multiple hits

HOLDING POWER

How well a program can keep its audience from changing the station. It is a percent of the total viewers.

HOMEOWNERS INSURANCE POLICY

Protection policy that covers the insured persons spouse, children, and anyone ounder 21. The must live in the household.

HOT STONE RULE

A management method that states discipline should follow after the incident, give proper warning, be consistent, and be impersonal.

HALF-YEAR CONVENTION

The idea that a new asset is used for half the year. It shows how depreciation, tax earnings, and annual earnings related to taxation.

HANDS-OFF INVESTOR

An investor with many shares that doesn’t question the management. They are passive but can change if they become concerned and intervene.

HARD DOLLARS

Direct payments made by clients to financial institutions for services rendered. In commercial banking a client may pay a fee for a credit facility; in securities a client may pay brokerage commissions

HARMLESS WARRANT

A warrant that requires the holder to give a bond like buying a new debt instrument. They have similar terms. AKA wedding warrants.

HAZARD COMMUNICATION STANDARD

The OSHA rules that chemical manufacturers and importers uses to assess hazard of their product. It is shared with employees and customers through the MSDS.

HEALTH SAVINGS ACT

Insurance for parties that need coverage that are not covered by a traditional health plan.

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