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

Category: S

SITE ACCESS DENIAL

The m aking of a work site unavailable due to disturbances such as fire or flood in surrounding areas all though the site may be unaffected.

SKILL TEST

The evaluation of the competency of an employee to do the skills required for a particular job.

SLACK

1. The number of days or hours that a job is ahead of the schedule. 2. Used in CPM, critical path method, it is the difference in length of the path compared

SMALL BUSINESS

The designation for a certain sized business in terms of employee number, annual turnover, value of assets for example.

SMOOTHING

The technique used in statistics that evens out small and short term irregularites in data.

SOCIAL EMOTIONAL LEADER

A Leader who is concerned at morale boosting at a high level by allaying any fears, argument mediating, tension reduction an the settling of disagreements.

SOCIAL NORM

The pattern of a behaviour shown by a particular community, group or culture that is considered to be mormal.

SOCIALLY CONSCIOUS MUTUAL FUND

A mutual fund that has excluded investing in companies whose business practices are thought to be ethically or morally troubling.

SOFT SKILL

A skill that does notrequire a specific technique or learned trade such as human relations, team building, presenting ideas for example.

SOIL MECHANICS

A branch of Civil engineering studying the mechanicalm properties associtaed with soil.

SOPHISTICATED INVESTOR

An investor with experience to marketing knowledge able to evaluate investments and their potential.

SPECIAL AUDIT

An assessment that is based on an auditor’s report that asks for the further analysis of a business practice.

SALARY CAP

The uppermost salary or wage that is paid to an employee that is set by the government or union organisation. Also used by sporting clubs for paying all of its team members.

SALIENT

Something that is noticeable or obvious, easy to see and visible.

SANS RECOURSE ENDORSEMENT

See blank endorsement. An endorsement that says that the endorser does not want to incur any liability if the document is not honoured. It is also called without recourse or at the

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.

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