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

Category: Q

QUALIFYING

A process that is used to ascertain if a buyer shows the right characteristics that will enables to act as a prospective buyer. These qualities include having the ability to purchase and

QUALITY BOND

This is a bond that is issued by a company that has a good credit rating. A high or good credit rating wil result in a quality bond being released.

QUALITY OBJECTIVE

The level of quality that has been deemed suitable for each product. It is the quality that a product is wanted to reach before it is made available for sale to the

QUANTITATIVE

A measurable quantity of an object. It can be size, dimensions, thickness, lightness or hardness. If something can be measured and identified.

QUARANTINE STOCK

An inventory of specific items that are kept for an emergency situation or items that are set aside for a specific use.

QUERY

The request fro information from a data base. It is in the form of a question and it can be asked about any subject that is contained in the specific database.

QUIRE

A quantity of paper. A measurement that is used to represent 24 sheets of paper traditionally. Now it is used to represent 25 sheets of paper.

QUALIFYING CHILD

A person under the age of 19 years who satisfies four requirements to qualify. They must live with the person claiming a tax benefit, be a child of them, a foster child

QUALITY BY DESIGN

A systematic process throughout the design and manufacture of a product that ensures a good product is presented to the public for sale. If all steps of a development follow quality guidelines

QUALITY OF CONFORMANCE

While maintaining quality of a product, the product must still conform to all effective design and manufacturing processes. An efficient and effective method of manufacturing is still needed while quality control is

QUANTITATIVE ANALYSIS

The analysis of any measurable data. This data is verifiable and measurable. Data such as wages, earnings, market shares and other items.

QUARTERLY

A report or document that is released or repeated 4 times a year. It is done every 3 months. The documents or reports are produced evenly over the period of one year

QUERY BY EXAMPLE (QBE)

An example is provided that a query is similar to. The data base will look for items with the same characteristic.

QUITCLAIM DEED

A document that allows the transfer of a claim, be it an interest, right or title that the maker of the document may have in a property. The person granting the transfer

Q (KYU)

A unit used to measure the typographic distance. It is only used in some countries. It is the equivalent of 0.25 millimetres or 0.71 of a point. It is used mainly in

QUALIFYING EVENT

A condition or an occurence that fulfills a set of specific criteria that will allow a payment of insurance benefits to an individual. It may also result in the termination of an

QUALITY CIRCLE (QC)

Originating in Japan and called quality control circles. It is a small number of people between 6 and 12 that look after a certain aspect of quality control in the manufacture of

QUALITY OF DESIGN

The design of a product must include quality control. A quality design will produce a quality product and all aspects of the design must still enable the finished product to work as

QUANTITATIVE DATA

Data that is able to be measured and verified. Quantatative data can be defined. Qualitative data is described.

QUARTERLY REPORT

A report on company practices or finances that is released at quarterly intervals. The report is usually made available to stock holders and interested parties.

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