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

Category: Q

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.

QUERY LANGUAGE

Also known as structured query language. The form that can be filled in order to start a search for some specific information.

QUOTA SAMPLING

This is a sampling method that specifies the representative group. An example might be from males aged between 30 and 40 years old.

Q RATIO

The ratio between all assets held by a company and their replacement cost in today’s market. Assets include machinery and plane items needed to carry out the company’s trade. If the ratio

QUALIFYING RATIOS

The steps that are taken in order to determine if an individual meets the requirements of a lending institution for a loan. It also assesses their ability to pay of the loan

QUALITY CONTROL (QC)

A part of the quality assurance control that is used in the manufacture of a product. Each aspect of production is subject to its own quality control.

QUALITY OF EARNINGS

See also core earnings. The term that is used to differentiate between how a company earns its money. Money can come from investments and financing or from the primary operations that the

QUARTERLY SERVICES SURVEY

The Census Bureau will produce a survey every quarter that is considered to be an indicator of the trends in an economy. The survey provides estimates of the revenue from hospitals, nursing

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.

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