SURVIVOR PRINCIPLE
The concept where the most efficient method of production is used by a company in order to survive and compete in the long term.
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The concept where the most efficient method of production is used by a company in order to survive and compete in the long term.
The degree where an organism or system is able to be impaired due to a weakness that is inherent in normal operations. See survivability.
The ceiling that is lightweight and hung on wires or cables suspended from the structure overhead.
An account that is temporary used to record (1) receipts or disbursements from unconcluded transactions or (2) discrepancies between account totals until rectified.
File arranged chronologically for storing documents waiting to be acted on or associated with unconcluded transactions. Also known as tickler file.
1. General. (1) Ability to substantiate a claim. (2) Ability to continue an activity in the long term. 2. Economics. Continuing growth or development without affecting the environment negatively.
1. Corporate. Technique of forecasting required sales growth to gain a market share. 2. Economy. Plan of development aiming to achieve long term growth without permanent damage to the economy and environment.
An activity supporting, but contributing directly to product quality, customer value or generation of revenue but that is necessary for the continuation of the organization.
The illustration graphically showing possible returns for changing/swapping maturity dates.
Provision where pregnancy covers members in a group health plan but coverage is terminated at the end of the plan even if a pregnancy is still progressing.
In swapping currency. It is the forward rate of exchange that is expressed in terms of premiums or discounts from spot rate.
1. Increased business worth created b y unpaid mental or physical work of the owner or founder. 2. Increased property value created by work of the owner to enhance looks or amenities.
The business that takes advantages of its employees and work them under hazardous or harsh conditions paying minimum wages.
Arrangement in banking where a cheering account balance below or above a set amount is transferred automatically from and to interest bearing accounts.
Promotional scheme where prizes can be won by random chance.
Crude oil that has less than 1 percent of sculpture by weight.
A mutually beneficial private agreement of parties not necessarily in best interest of those affected without involving the workers. See sweetheart contract.
Society for Worldwide Interbank Financial Telecommunications. Global network of communication giving banks 24 hour secure exchange internationally.
Codes used by banks around the world organized by SWIFT.
A loan of a short term allowing the home owner to purchase a new home before he has sold the first home. Also known as a bridging loan or gap loan.
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