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

Category: Q

QUESTION OF LAW

A question that ha sbeen raised about a point of law. It is not answered by the jury but will be answered by the judge.

QUOTED INVESTMENTS

The way in which a bond or stock will be treated when it reaches its maturity date. It is the acknowledged way a stock will act at its maturity date.

Q’ SCHEDULE

A listing that is a requirement of the New York State Code. It is a schedule that is filed by an insurere with the particular state. It will be a list of

QUALIFYING SHARE

The number of shares that a member of the board needs to own to qualify to be on the board of directors of a company. If not enough shares are owned the

QUALITY CREEP

An aspect of constantly improving a product. As a product continues to be improved by the manufacturer the price will increase in direct proportion to the increase in quality. The price will

QUALITY OF LIFE

The daily activities that people undertake that have been enhanced by external factors. These factors are natural factors such as good water, clean air, outdoor activities, open spaces. It also relates to

QUANTITATIVE RESEARCH

Sampling techniques that can be defined and assigned numerical values. The data is then manipulated mathematically in order to bring about a result.

QUARTER-ON-QUARTER

The seperation of an asset that is intangible and is divided into four quarters or equal pieces. An example is dividing the ownership of a property among four parties.

QUEUE TIME

The time that is taken while being in a queue an dwaiting for work to be done or completed. The time taken for before a result is acheived. The time aproduct will

QUOTED PRICE

A written or verbal agreement that will cover the cost of repairs or for the purchase of a set number of items or a set service that is required. If a quoted

Q UNIT

Term used to describe a unit of energy. It is the equivalent of 1 quintillion BTUs. It is the same value of 1000 quad units or 293,000 terra watt hours. It is

QUALITY CRITERIA

Quality requirements. A list or criteria that a product will need to meet in order to be of sufficient quality to be offered to consumers. The manufacture will creat a list of

QUALITY OF WORKLIFE

The way that a work life can enhance a persons outlook through the work environment and work experiences. Experiences at work can create a better life away from work.

QUARTILE

One of the points of data that divides a range of population or data into four parts.

QUEUING THEORY

A model that looks at queing times or waiting times that people and objects spend in the line waiting. It is a mathematical model.

QHSE

An acronym for quality, health, safety, environment. These are the four components that have been identified that allow for human error to be the cause of all accidents in the work place.

QUALITATIVE

This describes a property that is associated with a certain item or product. It will describe the reputation, feel, smell, taste, image of a certain product. It can aslo be used to

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