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

Category: S

SUBORDINATION AGREEMENT

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

SUBSTANDARD RISK

Term in the insurance industry for a person with a risk below average or impaired due to a dangerous hobby, health condition, disease history or living in unhealthy areas. Also called an

SUCCESS

1. The achievement of an action in a set period of time or within a set of parameters. Reaching a goal or project completion. 2. The term, colloquially used that derbies a

SUMMARY

Content overview providing the reader with the overall theme but no details that are specific.

SUPERANNUATION SCHEME

The retirement plan in Australia where monthly payments are made to the employee who has retired.

SUPERVISING

Regulating and monitoring a process or activity or tasks.

SURFING

Exploring the World Wide Web by following links from place to another.

SUSTAINABILITY

1. General. (1) Ability to substantiate a claim. (2) Ability to continue an activity in the long term. 2. Economics. Continuing growth or development without affecting the environment negatively.

SWIPE

The act where a card is slid through a magnetic stripe reader.

SYMPATHY STRIKE

The taking of industrial action where employees of another firm or department will stop work to show solidarity with the striking workers.

SALES RESISTANCE

The objective or subjective opposition of a customer to purchase a product. A skilled salesperson can counter this resistance with more positive reasons to buy.

SANITATION

The control of factors in the environment that could be a risk to health, development and survival.

SCALE DRAWING

The size of a drawing in relation to the actual size of the object drawn.

SCHEMATIC DESIGN PHASE

The phase in the product or project design that comes first in order to give a client an over view of the project.

SCOPE CHANGE

An engineering, quantity, support or schedule change that has been directed by the customer. A modification to a project.

SEA WAYBILL

A receipt for cargo ythat has been taken on board a vessel. It is not a document of title or a bill of lading.

SEAT PITCH

Known as leg room it is the distance between the back of a seat and the front of the seat behind it.

SECONDARY AUDIENCE

The people who can exert an influenceon a primary audience. It can be children, spouses, frinds neighbours or associates.

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