Category: L

The amount a bank can lose if an account goes into default.

Foods less of a source of food poisoning, containing (1) high acid content of pH 4.5 or lower, or (2) low water content. Low risk foods usually have a ‘best before’ date

Measuring a light source’s Intensity in a unit area. Also refer to illuminance.

Periodic but anomalous cooling of the surface waters of eastern equatorial Pacific ocean (off South American coast), causing the opposite effects experienced during El Ninio. Typical effects include a cooling in the

High amount of Physical effort. labor, required to accomplish a specific action. Examples of labor intensive industries are agriculture, construction, and coal-mining industries. Larger portion of total costs is labor, compared to

1. Transporting vessel receiving its cargo. 2. Transportation vessel’s loaded cargo for transport. The cargo’s carrier issues a receipt known as a bill of lading.

Intent is to ensure alignment of policy standards and the private use of land resources. Standards become permit requirements and codes/regulations. Housing codes, regulations for subdivisions, zoning ordinances, and building codes These

When a company’s stock gains more than $5 billion. Refer to micro and midcap stock.

Diffusion of innovation theory holds that the majority group of roughly 34 percent of population is just ahead of the ‘laggards’ in trying or adopting a new product. This group’s members are

Company that involves itself in the business of law. Lawyers that work together under a specific firm name, may only focuses on certain kinds of law, deal with various general law cases.

Explaining how nature works by scientific generalizations. Arrived at by experimenting and/or observing or idealized descriptions.

Amount time needed to set up or prepare to execute from being told that execution must occur. Time that must be allowed to complete an operation or process, or time that must

Intent to be lean and Six Sigma. Management problem solving and quality initiatives approach. Based on Six Sigma and Lean tools combined.

the right to renew the lease is given in this lease statement to the lessee when the lease term ends, renewing or changing the rate.

Held as a ledger’s separate page. Classifies each as an asset, liability, or owners’ equity. Records each balance sheet item’s increases and decreases. Also known as an account.

Contest / conflict / disagreement concerning lawful existence of (1) a duty or right, or (2) compensation, by extent or type, claimed by the injured party for a breach of such duty

When a company is controlled by nonstock owners.

Lawful, mandated minimum monetary amount a financial institution maintains as security. Cannot be used to pay depositors. Must exist in legally prescribed form, such as cash. Credit in the local economy is

Legally established by federal or state laws, institutional coverages for such events as Flood Insurance or Medicare.

Stay in a hospital or similar medical facility as a total length of days.