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

Category: S

SYNDROME

A group of symptoms occurring together to indicate a certain disease or condition is present.

SYSTEMIC ERROR

Error affecting all items comprising the group in a similar manner and magnitude. They are caused by a flaw in the system and occur in the same direction and don’t cancel each

SPECIAL VERDICT

A decision by jury where the defendant isn’t guilty of the charge but is found guilty of a lesser offense or is not guilty due to reason of insanity.

SPEECH SYNTHESIS

Technology that can ‘construct’ speech that replace a human voice. Mainly used to assist blind and sight impaired.

SPLIT OFF POINT

A production process juncture where the product stream splits up into 2 or more distinct products which are identifiable as a joint product.

SPREAD INCOME

Difference between cost and income. Also known as margin income.

STAGNATION

The stage of an economic cycle where less than 1% of growth or decline occurs.

STANDARD OF VALUE

The type of value that is used in transactions such as book value, adjusted basis value etc.

STAR PAGING

Method of cross referencing where asterisks,*, are used to correlate pagination of new editions to those of previous editions.

STATIC QUALITY

The continuation of current practices to maintain the quality of a service or goods.

STEP VARIABLE COST

Dramatic changes of a cost that due to involving a large expenditure unable to be spread over the period of accounting.

STIMULI

Occurrences in the environment of an organism that effects its behavior. Singular term is stimulus.

STOLEN PROPERTY

Goods that are acquired by theft, larceny or robbery. No legal right to the goods.

STORES

Function associated with holding items of inventory. See store.

STRAIN

1. General. A body, individual or system with large demands place on its resources. 2. Engineering. Measure of how much a body will deform when under stress.

STRAW MAN

1. Draft or outline copy ready for suggestions and comments. 2. Third party used as a cover in illegal or shady deals. 3. Nominee director. 4. A weak or flawed person with

STRUCTURAL ADJUSTMENT

Effected change in the frame work of an economy by impacts of policy reforms by reduction of state intervention and protectionism.

SUB AGENTS

An agent who reports to another agent and not directly to the company.

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