Category: S

A mark of identification or a brand that is associated with a service the way a trademark is associated with goods.

A written statement showing setlement of an account between the parties concerned.

The degree of sterness, harshness or austerity.

A specialist monitoring the financial markets for an early sighns of a hostile tak over attempt.

A contract for sale where the seller takes the risk of loss until the goods arrive at its destination. See destination contract.

The inventory that is on aship to meet all of its requirements on a daily basis. It includes water, food, safety and medical supplies and spare parts for example. See bunkering.

A B/L that has no conditions or terms of carriage that are printed on the reverse.

A policy providing a disability income for a period of time of less than 2 years. See, Short Term Disability After a Car Accident: FAQ.

Often included when share holding is split evenly or 50/50 between 2 parties.A provision in the agreement where a party offering to buy out the other at acertain price must accept the

Acute effects of discomfort or ill health that can be traced back to time spent in a certain place or building for a period of time. Usually occurs in new buildings from

The precious metal that is traded on futures and spot markets where a future is equal to 5000 troy ounces and moves in increments of $0.005 per troy ounce.

An annuity that will pay for the life of the annuit but then stops with their death.

The “quick and dirty” method of training new employees where the new rexcruit is put straight into the working environment with little or no training being provided.

The alternative term for a contingency school of management.

The ability shown by some substances to pass into the blood stream via the skin, eyes or mucous membranes.

1. Commodities. The diference in a price when the broker is told to execute an order and the order actually takes place. 2. Marketing. Ratio between the number of potential customers and

The extraction of metal from ore using heat in an enlosed furnace. Impurties called slag rise to the surface. The opposite of roasting that involves an oxidation process.

An increase in a society’s welfare derived from a course of action that is not always quantifiable.

A fair and proper administration of the laws that conform to the natural law that covers all people regardless of gender, origin, possessions or religion. See Civil rights.

A rigid subdivision in society that creates a hierarchy of layers that sre differentiated on the basis of wealth, prestige and power.