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

Category: S

SPECIAL PURPOSE CORPORATION (SPC)

A legal entitiy that is created in order to insulate an issuer of an asset based security from the originator of said asset. A special purpose vehicle.

SALARY STRUCTURE

A list of wages and the associated benefits for each wage level and grade.

SALMONELLOSIS

The gastroenteritis caused by the injestion of salmonella bacteria. Symptoms include vomiting, diarohea, fever and haedache. Fatal to young and elderly patients.

SATIATION

An activities saturation level where the maximum benefit is reached.

SCANDALOUS STATEMENT

Abuse that is either written or spoken that is defamatory or disgraceful in content. If made in court it may be struck from proceedings.

SCIENCE

Knowledge that is comprised of verifiable and measurable facts that hav ebeen acquired by the application of a scientific method.

SCRAMBLING

The deliberate distortion or encoding of a signal to make it unreadable by unauthorized persons.

SEARCH WARRANT

An order from a court allowing the thorough search by police of a selected location looking for evidence or illegal goods or a person wanted for questioning.

SECOND INJURY FUND

A fund that is to aid emplyers who hire disabled or handicapped workers. It is the purpose of compensating for any further injury to the employee.

SECONDARY DISASTER

A disater that is started by a first disaster and happens after the initial disaster. Such as a fire that occurs after an earthquake.

SECTOR

1. General. A distinct, large subdivision that is defined on the basis of a common factor. Also a segment.2. Data storage. The area of a disk that is the smallest amount that

SELF ADMINISTERED TRUSTEE PLAN

A trustee administered retirement plan where the trustee receives contributions and invests the money, collects profitsa and pays benefits to eligible employees.

SELF-EFFICACY

The belief that a person nhas in his own ability to accompliush any task and to deal with any challenges in life.

SELF-SERVE ADVERTISING

A way to reduce cost by placing ads without using an advertising sales rep. Allows the advertiser greater convenience in placing ads.

SENSITIZATION

The attempt to make others and one’s self aware of and responsive to ideas, situations, events and phenomena.

SERVICE CONTRACT

A contract for services such as time, expertise and effort instead of goods.

SERVICE-ORIENTED ARCHITECTURE (SOA)

An architectural model of business information that allows further additions to added and integrated to allow the sharing of information across the different units of business.

SEVERABLE CONTRACT

A contract made up of several parts where you can comply with parts seperately from one another. The failure to comply with one part will not terminate the contract.

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