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

STEP FUNCTION

A function of Mathematics where a variable will remain constant within an interval but not outside or between intervals.

STEP LEASE

A provision for the increase or decrease in rent based on the agreed upon formula like the lessor’s associated expenses with a lease or sale of the leased property.

STEP RATE

One that moves up and down in a fixed or standard progression.

STEP VARIABLE COST

Dramatic changes of a cost that due to involving a large expenditure unable to be spread over the period of accounting.

STEP-DOWN METHOD

Balancing the budget by the reduction of expenses in a avidity of ways.

STEPPED INTEREST DEBENTURE

Debt security that is initially low but increases in stages until it reaches a fixed point and will stay at that rate until redemption.

STEPPED-UP BASIS

Tax provision for inheritances allowing tax to be determined by market value at time of death and not at time of original purchase.

STEREOTYPE

1. General. (1) the relative fixed, erroneous and negative generalization held true for certain groups. (2). Having no individual features, stale. 2. Printing. Metal plate used on letter presses.

STERILANT

An anti-microbial agent killing fungi, bacteria, viruses and spores that are hard to eradicate. See sterilizer or spermicide.

STET

Latin- let it stand. 1. Law. Court order that will stay a legal procedure. 2. Proofreading. Ignore the correction just made.

STHENE (SN)

A European martin force unit that is needed to accelerate a mass of 1 ton at the rate of 1 meter per second squared. Equal to 1000 Newton’s, or 224.81 pounds of

STICKER PRICE

Base price of a vehicle displayed on a sticker on the windscreen.

STICKINESS

The ability to retain, visitors, employs, participants and customers.

STICKY FLOATER

Financial instrument with a floating rate of interest moving in one direction only.

STICKY SITE

Web site that is well organized , content rich where visitors will return again and again.

STIMULI

Occurrences in the environment of an organism that effects its behavior. Singular term is stimulus.

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