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

Category: S

STOCHASTIC

The model or situation that contains a random, unpredictable element that has no order or pattern.

STOP GO POLICY

Short term policy that keeps a balance between 2 objectives that appear to be in contradiction with each other.

STORYBOARD

Blueprint depicting sequence of scenes of a commercial for TV with sketches text and pictures.

STRATEGIC

Decisions designed to create favorable impact on key factors to create a desired outcome. See tactical.

STREET PRICE

A retail price lower than that advertised and which can vary daily.

STRUCTURAL FUND

European funds invested for purposes of economic development in Europe’s poorer nations.

SUBASSEMBLY

Collecting parts together to be a unit that is used to make a larger item or a final item.

SUBOPTIMIZATION

Situation where less than the best yield is produced due to a lack of co-ordination between different elements.

SUBSISTENCE AGRICULTURE

Farming system providing a life style that is self sufficient for the family of the farmer. Their is little excess if any for marketing.

SUBTRACTIVE COLORS

Colors used in the four color printing process, C, cyan, M, magenta, Y, yellow and black that overlap to produce other colors.

SUNSHINE LAW

The statute requiring the agency to open all of its proceedings and records to the public.

SUPERSERVER

A larger and more powerful server computer that is tolerant to faults.

SURFACE VALUE

The objective worth or meaning of a compensation, reward or action to the recipient.

SUSPENDED CEILING

The ceiling that is lightweight and hung on wires or cables suspended from the structure overhead.

SWIFT CODE

Codes used by banks around the world organized by SWIFT.

SYMBOLIC LOGIC

Mathematical disciplines used to reduce rules of formal logic to those of algebra. Called mathematical logic.

SYNTHESIS

1. Forming a coherent whole from different elements. 2. Step in a dialectic process where affirmed concepts are countered with their opposites to yield the final concept. 3. Process of combining substances

SPENDING POWER

Granted legislature authority to administration allowing it to spend funds that are public in line with a budget that is approved.

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