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

Category: S

SCALEABLE FONT

A font on a computer that can chnage size from quite small to large . The change is made by the person using the computer.

SCHOOL OF THOUGHT

A set of ideas that are held by a group of people, also a doctrine by which to live by.

SCOPE OF WORK

The work that is to be carried out under a contract to complete a project, broken into deadlines and specific tasks.

SEARCH ENGINE OPTIMIZATION

A way to improve traffic to a web site by using keywords and phrases that are unique toa company or product. The SEO process will mean more people seeing your web page

SEC YIELD

A method used by US Securities and Exchange Commission for computing the return on investments. It allows a comparison of the performance of funds that has no confusion.

SECONDARY DAMAGE

The damage that can be caused after the initial damage or failure of a device.

SECRET RESERVE

The amount that is not disclosed to anyone that is involved in buying or bidding on bonds and stocks. The only person who knows the amount is the person who is issuing

SECURITY MARKING

The clear marking of a document showing its level of security that will ensure its protection at the required level.

SELECTIVE DISTRIBUTION

Often used for designer and high end goods where a select market is chosen with a small number of select outlets to cover a geographical area.

SENSITIVITY CHART

Called a tornado diagram it is a graph that plots results of various assumptions on a final outcome in a sensitvity analysis test.

SERIAL CORRELATION

A correlation that is undesirable but remains undetected by statistical techniques. A non-random pattern.

SERVICE CENTER

A support centre that offers services to support other departments in an organisation.

SERVICEABLE

An item that is ready and able to perform the intended service, often after a repair or overhaul.

SEVEN TOOLS OF QUALITY

A device to understand and improve production. 1. Cause and effect diagram, 2. check sheet data record, 3. control chart, 4. Flow chart, 5. histogram graph, 6. Pareto chart based on the

SHAM TRANSACTION

A transaction that serves no purpose and provides no benefit economically but it used for the purpose of tax evasion.

SHELF LIFE

1. Time where goods are still effective and have not deteriorated. See storage life and expiration date. 2. The time an item is expected to stay in inventory counts. 3. Time in

SHIPPING DOCUMENTS

Any document that is required for an item to clear customs. A bill of lading, commercial invoice, insurance certificate, origin certificate or packing list.

SHOP CALENDAR

The calendar for a workshop or manufacturer that does not show weeknds and holidays and working days are numbered sequetially.

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