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

Category: S

SEC FILING

A statement of financial position nmust be made with the SEC by a company that is ytrading on the public markets.

SECONDARY STRIKE

A strike that has occured where labour is withheld due to teh company buys or sells from a firm where the workers are striking.

SECURITY INTEREST

An enforceable claim that is created by a security agreement or by the law that secures the fulfillment of a pledge.The lender has security interest incollateral provided by a borrower to guarantee

SELECTIVE DEMAND

The demand for a certain brand that happens after the initial demand in the life cycle of a product.

SELF-ASSESSMENT

1. Management. A process where managers at all levels will evaluate the effectiveness of their own performance across all areas of responsibility to determine if improvements are needed. 2. Taxation. A regime

SELF-ORGANIZATION

The ability a system has that it can arrange its elements or components spontaneously and in a purposeful and non-random manner.

SENSITIVITY ANALYSIS

A “What if?” analysis. A simulation where quantative computations and assumptions are changed in order to assess the effect on a final outcome.

SERVICE BUREAU

A company that provides a service that can be specialised like copying, payroll processing and accounting.

SERVICEABILITY

The degree to which an item is serviced using given resources in a set time frame.

SEVEN S MODEL

A measure of quality performance. 7 factors are used. 3 hard factors, system, structure, strategy and 4 soft factors, skills, staff, shared values and style.

SHAKEOUT

A market upheaval that sees smaller competition eliminated and the few larger and stronger firms dominate.

SHELF COMPANY

A company ready-made that fulfills all of the requirements for a legal registration. It can be sold on an dboight by any body.

SHIPPING CONTAINER

A standard sized container that is resealable and lockable that is used with standard equipment for handling freight. 2 stabdard sizes in 20 foot and 40 foot.

SHOGUN BOND

A bond that is issued in Japan by a firm that is not Japanese in a currency that is not Yen.

SHORT RATE PREMIUM

A premium that is associated with a policy that is issued for a short term that is less than the usual term.

SHOW STOPPER

an event, condition, activity or a problem that will bring to a halt another program, activity or process.

SIGNAL

1. General. An electronic, acoustic or visual means that is used in transmitting an piece of information.2. Telecommunications. Energy that is applied to a circuit that makes it perform an action.

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