Category: S

A decision made whether or not to keep products that may be under valued.

A condition in trusts barring one or more beneficiaries from pledging or spending benefits before they are received.

A respected and well known person serving as the regular advocate for a product or cause.

A living trust or will where the trustee decides which beneficiary receives which benefit from the trust.

A claim that has been barred under a statute of limitations or a doctrine of laches.

Mechanism of contingent capital where the lender gives a commitment to advance money on demand or at a future date.

A term, not commonly used to describe that agent who works in an area of one or more states.

Acquisition of an item for its visible sign of belonging to a group or social class.

Undertaking by a bank that will indemnify the carrier from liabilities arising from a shipment release without necessary documents of shipping.

1. General. (1) the relative fixed, erroneous and negative generalization held true for certain groups. (2). Having no individual features, stale. 2. Printing. Metal plate used on letter presses.

Simulation where ranges of values for variables are used.

The price where a stop order generates the market order and the stop limit order generates the limit order.

Not negotiable bill as goods are paid or don’t need payment such as a donation. Identification needed on delivery. Also known as consignment bill of lading.

State combining long and short term objectives and factors in order to gain equilibrium.

Aspects, both positive and negative of internal and external environments under control of the decision maker. See SWOT analysis.

A framework or construction with elements identifiable giving stability and form and able to resist strains and stresses.

Segments or pockets of culture that have different norms, customs, values due to geographical difference or goals and requirements.

Formal document that acknowledges a party’s interest or claim is inferior to that of another party.