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

SUNRISE INDUSTRY

An emerging industry gaining favor with investors and is expected to push further growth economically.

SUNSET INDUSTRY

An older and still important industry slowly losing investor favor due to falling capacity for generating employment and profits.

SUNSET LAW

The statute governing the continuity of a program or agency.

SUNSET PROVISION

The provision or condition in law that designates a point in time when that law will no longer be in effect.

SUNSHINE LAW

The statute requiring the agency to open all of its proceedings and records to the public.

SUPER LIEN

A statutory lien that is superior or senior to all current and future liens for the same property or asset.

SUPER MAJORITY

A majority of 75% or more of votes needed to approve decisions or changes in an organization.

SUPERANNUATION SCHEME

The retirement plan in Australia where monthly payments are made to the employee who has retired.

SUPERBILL

The document listing every service that is provided by a doctor.

SUPERCOMPUTER

Computer for very fast data processing where the number crunching ability is measured in hundreds of millions of floating point operations or gigaflops.

SUPERCONDUCTIVITY

Total or near total lack of resistance to an electronic current flowing through a product.

SUPERDOT

Used at the New York Stock Exchange, it is an electronic order entry and reporting system.

SUPERFICIAL

1. Artificial or fake. 2. Insignificant or unimportant.

SUPERLEADERSHIP

Situation where leaders gradually and deliberately turn over power, authority and responsibilities to a team that is self-managed.

SUPERMARKET

A large store selling range of household items and food to its customers.

SUPERMONTAGE

Used at NASDAQ, it is an integrated electronic order entry and execution system.

SUPERNORMAL GOAL

The objective important for the success and survival of an organization that has more importance than individual objectives of the members.

SUPERNORMAL GROWTH

A rate of growth of an industry or firm that is greater than the economy as a whole.

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