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

Category: S

SMART FLUID

A suspension of zeolites or metals inj liquid that becomes a solid when an electric current is passing through it and returns to a fluid when the current stops.

SOCIAL ACCOUNTING

A method using the accounting basic principles in the social aspects such as medical and environmental area of economics.

SOCIAL IMPACT SYSTEM

A document highlighting how a company from the service industry is making a difference by dveloping new technologies and new products.

SOFT COPY

Not a hard or paper copy but the electronic copy of an item or document.

SOFTWARE ENGINEERING

1. The development of procedures and applications that will be used by electronic machines such as compouters and phones.2. An education program that ends with a degree or certificate of competency and

SOLID STATE DEVICE

An electronic device such as a memory chip that is made from solid state circuits.

SOURCE ATTRACTIVENESS

The way that an item is considered to have a greater attraction than a similar item due to where it came from.

SOVEREIGN RIGHT

A right that a state possesess which allows it to act for the benefit of all of its citizens as it sees fit.

SPECIAL ENDORSEMENT

An endorsement where the endorsee is named and to whom a negotiable instrument is to be paid.

SABOTAGE

The intentional and deliberate destruction of property or the obstruction of an activity.

SALES LITERATURE

Any form of literature such as brochures, booklets, charts, catalogues, manuals, MSD sheets, press clippings, price lists, techniacl data sheets, test results and satisfied customer responses.

SALVAGE VALUE

The residual value of a product when it has reached the end of its productive life but still has a value if salvaged for recycling or reselling its parts.

SAY ON PAY

A corporate law that allows shareholders a say in how much the executives should be paid.

SCENARIO

A picture that is painted verbally to depict an outcome or sequence of events that are based on assumptions and factors chosen by its creator.

SCIENTIFIC MARKETING

A method that is used in interpreting and gathering market information that involves analytical testing and statistics.

SCREENING

Evaluation of a numnber of subjects to determine which have the right characteristics or attributes you are looking for.

SECONDARY MATERIAL

A material that is recycled to be used again. It has been used at least once before.

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