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

SUBSURFACE RIGHTS

Rights of the landowner to water and substances below the surface of their land. See air rights, surface rights, mineral rights.

SUBSYSTEM

A group of inter-connected and interactive components that perform important tasks as part of a larger system.

SUBTRACTIVE COLORS

Colors used in the four color printing process, C, cyan, M, magenta, Y, yellow and black that overlap to produce other colors.

SUBURB

Area located at the edge of the urban development of a city.

SUBVENTION INCOME

Amount of revenue that a not foot profit organization needs to keep to pay operating expenses.

SUCCESS

1. The achievement of an action in a set period of time or within a set of parameters. Reaching a goal or project completion. 2. The term, colloquially used that derbies a

SUCCESS TO THE SUCCESSFUL

Term from system dynamics for the situation of a successful competitor will be rewarded by an economic system with more resources that come at the expense of competitors less successful.

SUE AND LABOR CLAUSE

Clause requiring the insured to make all attempts to protect any property that is salvageable.

SUE AND LABOR COSTS

Insured’s costs in diminishing or averting losses that can be recovered from the insurer.

SUGGESTIVE MARK

A symbol, word or picture suggesting but not describing aspects of the associated service or goods.

SUGGESTIVE NAME

A trademark made up of words or word parts suggesting but not to describe the service or good. See descriptive name.

SUICIDE CLAUSE

Life insurance provision where the policy will not pay for suicide within 2 years of the start date.

SUKUK

Financial certificate similar to a bond issued in Islam complying with the Sharia laws.

SULFUR

Tasteless and odorless chemical element with a pale yellow color.

SUM CERTAIN

The settled or fixed amount that is specified in or is ascertained from negotiable instruments as a sum payable.

SUM PAYABLE

The amount that needs to be paid in order to satisfy the obligation.

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