Latin-with highest honor. Given to graduates with a high academic achievement. See magna cum laude and cum laude.

Content overview providing the reader with the overall theme but no details that are specific.

Minor law violation that is prosecutable without a full trial or indictment.

A quick decision of a court based on briefings and affidavits where material facts are not disputed or where the court’s opinion is used for judgment. Also known as accelerated judgment.

Regulates extravagant spending as a way to control resources.

Infrequent or miscellaneous supplier not assigned an individual ledger but are grouped together.

Infrequent or miscellaneous costs not assigned to an individual ledger but grouped together.

Income from man unpredictable source or from revenue outside a company’s primary business.

Money spent and lost permanently.

Expenses previously paid for that aren’t affected by an future or current decisions.

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

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

The statute governing the continuity of a program or agency.

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

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

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

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

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

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

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