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

Category: S

SISTER COMPANY

A subsidiary of a parent company that owns more than one subsidiary company. The subsidiaries are considered to be sister companies.

SIX SIGMA QUALITY

A process that is well controlled and is A+ or A- on the Six Sigma chart. It means 0.00034% defects per m illion products made or zero defects in real terms.

SKIP PAYMENT LEASE

A condition where lease payments are not paid every month but only certain times during a year.

SLOTTING FEE

A sum paid to by the vendor to a retail chain for a place on its shelves, room in its wharehouse, puting the product on the store inventory and programming scanners to

SMOKE

The products that are produced during a combustible event such as a fire.

SOCIAL CLASS

A hierarchy of status where people are classified according to wealth and prestige. It refers to any level present.

SOCIAL LOAFING

The actions of members of a group who don’t work as hard they would if working by themselves. The “free ride effect”-assuming someone else will do the work and the “Sucker effect”-

SOCIAL VALUE

A concept including social capitaland the wellbeing of citizens and their ability to make decisions that will affect them.

SOFT GOODS

Goods and textiles that are made from soft goods and soft material including fur, vinyl, leather and flexible plastics.

SOFTWARE SUPPORT

The providing of after sales service to customers for updates and any problems they may encounter.

SOURCE REDUCTION

A way to reduce the amount of material that will enter a waste stream ata certain point in processing by redesigning the product and the processes involved.

SPARE PART

A component that can be replaced when it is needed to be because of malfunction or wear.

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.

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