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

TERATOGEN

Process, agent or substance causing birth defects within first 3 months of a pregnancy.

TERM BILL

Bill of exchange payable after a set number of days from delivery or presentment. Also known as period bill.

TERM ENDOWMENT

Donated funds that need to be used during a set period of time.

SPECIAL VERDICT

A decision by jury where the defendant isn’t guilty of the charge but is found guilty of a lesser offense or is not guilty due to reason of insanity.

SPECIAL WARRANTY DEED

Deed where the seller guarantees title to the property being sold was not impaired during the time the seller held the title but there is no assurance about previous holders.

SPECIAL WASTE

Waste that needs to be treated carefully due to a hazardous nature, offensive nature, size or state.

SPECIALIZATION

The community, organization or groups agreement that sees the person with the appropriate skills assume the responsibility for the task.

SPECIALTY ADVERTISING

A permanent advertisement that is printed on handy small items such as cups, calendars, bags that are given away to remind people of the products.

SPECIALTY GOOD

An item with special qualities such as being unique and extraordinary that people look for them to buy. Items such as designer clothes, famous art work.

SPECIFIC PERFORMANCE

The court order that is mandatory where a party must fulfills its contractual obligations according to the exact terms of the contract.

SPECIFIC RETURN

The part of an excess return on assets that are not explained by common factors. Also known as idiosyncratic return.

SPECIFIED CAUSES OF LOSS

Commercial coverage for physical damage that is a narrowly defined policy where specific perils are covered.

SPECTRUM

The range of frequencies of electro magnetic waves.

SPECULATE

1. Financial. Engage in speculation. 2. General. Make an assumption or guess based on small amount of data or none at all.

SPEECH RECOGNITION

Technology enabling computers to recognize spoken words. The sound is digitized and then matched to a pattern stored on the database.

SPEECH SYNTHESIS

Technology that can ‘construct’ speech that replace a human voice. Mainly used to assist blind and sight impaired.

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