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

Category: S

SUBSTITUTES FOR LEADERSHIP

Factors of a work setting that encourages common efforts to achieve organizational goals. Takes place of active leadership.

SUGGESTIVE NAME

A trademark made up of words or word parts suggesting but not to describe the service or good. See descriptive name.

SUNDRY INCOME

Income from man unpredictable source or from revenue outside a company’s primary business.

SUPPLY SYSTEM

The methods, equipment, facilities and people employed in the timely and accurate provision of all items needed for a process, project or program.

SURPLUS LINES

The risk that can’t be insured by agents in its jurisdiction.

SWEAT EQUITY

1. Increased business worth created b y unpaid mental or physical work of the owner or founder. 2. Increased property value created by work of the owner to enhance looks or amenities.

SYSTEMATIC

A methodical and repeatable procedure. Do not confuse with systemic meaning system wide.

SPECTRUM

The range of frequencies of electro magnetic waves.

SPORE

The hard protective casing acting as a shell surrounding micro-organisms enabling them to survive extreme conditions. Hard to destroy disease producing spores include tetanus, anthrax, botulism.

STAG

A term from the stock market for an investor who buys shares that have been just issued and then sells them as soon as they hit the market.

STANDARD JOB

A work order containing all of the relevant information that is required for completion.

STAPLE FOOD

A food that is consumed on a regular basis and provides most of a community’s calorie needs.

STATUTORY CONSTRUCTION

1. The interpretation of a statute by the court.2. Principles developed for legislation interpretation by courts.

STEP FUNCTION

A function of Mathematics where a variable will remain constant within an interval but not outside or between intervals.

STICKINESS

The ability to retain, visitors, employs, participants and customers.

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