Category: S

Community provided welfare services at local and state level geared towards reducing poverty in the community. It can provide housing, jobs and money for utility bills and food coupons.

A software program that acts as a “virtual Port” by providing a link between 2 different computer prgrams on the same computer. See port.

The information, in the form of computer programs that make a computer carry out certain functions.

Used to relay energy from one device to another that is an electro mechanical piece.It is a coil that can produce an electr-magnetic field.

A block of audio that is 10 to 30 seconds long that is the basic element of TV or radio broadcast.

An assessment of the likelihood that a country will default its loans made by the International ratings agency.

A term used in quality control for a cause in variation which is not part of a process but will arise from an intermittent, instabel and unoredictable factor.

A resolution that requires an important decision to alter terms of articles of association or memorandam of association. It requires no less than 21 days notice, no less than 3/4 of the

A curve showing growth of a variable in terms of a different variable that is expressed as time units.

A lease that is taken out by the previous owner on a property he has just sold. Usually a longterm lease.

The cost of recovering an asset through a salvage operation.

A market with little or no chance of further sales as all prospective customers have the product or a substitute that will do the same job.

A pice of hardware that can be stand alone or attached to a computer to copy documents. It converts the text or image to a digital file.

The testing of a hypothesis or theory that is objective and in a controlled environment.

A percentage of failed materials that cannot be restored or repaired and is discarded.

A discount put on goods that are out of season that may get people to pourchase them now when they are discounted. Snow equipment for sale in summer is an example.

The stock that receives its portion of the dividend after the senior or preferred stock. Often command a higher dividend as they carry more risk.

Secondary disaster. An event that occurs after the occurence of an earlier event. An example would be the smoke caused by a fire.

Standards of communicationthat are used to ensure a secure transfer of data communication. Mastercard and Visa have developed the Secure Electronic Transaction protocol.

How well a department is performing when compared to thw whole operations of a company.