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

Category: S

SHELF TALKER

A card or sign that brings products to the attention of the customer. Also known as a shelf screamer.

SHIPPING LIST

A form documenting all of the goods sent out against a particular order.

SHOP DRAWINGS

The detail drawings that show how a propsed material will be shaped and assembled to produce a finished product.

SHORT SALE RULE

An SEC ruling that will prohibit the initiating of a short sale at lower prices than a previous sale. It is to prevent panic that is responsible for a market crash ike

SHRINKAGE FACTOR

1. A percentage in short fall of a planned output amount. 2. a percent of inventory lost due to errors, theft and spoilage or waste.

SIGNATORY

A person who places their signature on an agrrement that causes them to be bound by the terms of it.

SINE QUA NON

Latin- without which not. A thing that is absolutely indispensible or essential.

SINGLE PREMIUM FUNDING METHOD

The method that is used to save money that will be used for a future payment of benefit where the money is paid direct to an insurer or into a trust fund.

SITE ACTIVATION

The preparation of a work site or web site that enables it to perform its intended function.

SKILL VARIETY

The range of abilities that are needed in order to perform a specific task. Jobs requring a lot of different skills are said to need a high skill set.

SLACK PATH

A measurement of being able to move inventory during a small period of time.

SMOOTHING DEMAND

Used in marketing when demand is exceeding production ads and promotional material are withdrawn from the market until production has caught up.

SOCIAL ENTREPRENEUR

A person working in ideas and innovations to improve the life of others and society.

SOCIAL ORIENTATION

A philosophy in business that takes the well being of a society into account as well as the customers’ satisfaction.

SOCIOECONOMIC

The study of economic and social factors influencing a society’s behaviour.

SOFT WATER

Water that does not containe high levels of dissolved solids such as minerals that make it hard to lather. Soft water lathers easily.

SOLAR ENERGY

Energy that is transmitted by the sun in electromagnetic waves. It is the basis fir all life on Earth. It can be harnessed by solar cells, stored and then used.

SOROPTOMY

The opposite of monopoly where a customer is served by a large number of suppliers without the prospect of getting any more.

Topic Archives:

Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.