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

SUBJECT FILING

Method of record management where documents are coded, classified and stored by subject matter.

SUBJECT TO

1. Conditional or dependent on something. 2. Being under domination as of a authority or government subject to the whims of the boss.3. Exposed or open to undesirable or unfortunate criticism. 4.

SUBJECTIVE

Related to or based on beliefs, attitudes and opinions instead of verifiable evidence. In contrast to objective.

SUBJECTIVE ERROR

An error that is systemic and caused by the bias or prejudice of an individual.

SUBJECTIVE PROBABILITY

The numeric measure of probability reflecting the degree to which a personal belief indicates the likelihood of it occurring.

SUBJECTIVE THEORY OF CONTRACT

Early 19th century legal concept where the existence of an agreement that was binding was determined the intention between parties.

SUBMITTED BUSINESS

A new business application that is turned into the insurer but has not yet ben declined or accepted.

SUBOPTIMIZATION

Situation where less than the best yield is produced due to a lack of co-ordination between different elements.

SUBOPTIMIZING

Accepting less knowingly than the best outcome possible to avoid adverse effects from trying harder.

SUBORDINATE

An employee who is ranked below another employee in the office seniority or hierarchy.

SUBORDINATION AGREEMENT

Formal document that acknowledges a party’s interest or claim is inferior to that of another party.

SUBORNATION

Persuading or inducing someone to commit criminal act or an unlawful act like perjury.

SUBPAR

A lower than standard or customary norm but not fully unacceptable.

SUBPRIME

Term that is used to describe loan or mortgage that is below prime.

SUBPRIME CRISIS

A situation that arose in 2008 and affected the mortgage industry because borrowers were approved for loaned they couldn’t afford. Many lending institutions collapsed.

SUBPRIME LENDER

Financial bodies having the inclination to lent to consumers who don’t qualify for a traditional loan.

SUBPROCESS

The number of tasks that are needed to accomplish a significant part or a stage in a process.

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