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

SCALPING

1. Making money through the scarcity of items.2. Trading stategy where small profits are accumulated to a larger profit. 3. The psoreading of good but wrong information to boost a demand for

SCANDALOUS STATEMENT

Abuse that is either written or spoken that is defamatory or disgraceful in content. If made in court it may be struck from proceedings.

SALVAGE VALUE

The residual value of a product when it has reached the end of its productive life but still has a value if salvaged for recycling or reselling its parts.

SCALAR PRINCIPLE

A classic management rule where each subordinate reports directly to his senior person and not any higher on the management chain.

SCALE ORDER

A buyers order for his broker that allows for a client to move with the market trends.

SCARCE GOOD

A resource in limited supply but has a large demand. See factors of production and economic goods.

SALES RESISTANCE

The objective or subjective opposition of a customer to purchase a product. A skilled salesperson can counter this resistance with more positive reasons to buy.

RISK EVALUATION

A priority in risk management by the etsablishment of quantitative or qualitative relationships gthat exist between risks and benefits.

SCARCITY

A situation where demand for a product or resource is more than is available.

SCALAR CHAIN

A chain of command that is straight from the top office to the lowest position.

SCATTER CHART

Scatter diagram, scatter graph, scatterplot. A 2-3 dimensional chart that shows the relationship between independent and dependent variables.

SALMONELLA

A bacteria found in sewage and human and animal intestines. These orgaisms are toxic and cause different diseases when injested. Different strains are found in different food.

REMOTE JOURNALING

Continuous or periodic synchronized recording of transaction data at a remote location as a backup strategy.

SCALEABLE FONT

A font on a computer that can chnage size from quite small to large . The change is made by the person using the computer.

RUN ON THE BANK

Where a number of the banks customers all withdraw their money fearing that the institution may become insolvent shortly.

RISK PARTICIPATION

Similare to risk sharing in that a bank in difficulties financially will offer a risk to another bank to manage.

RELIABILITY COEFFICIENT

A measure of the accuracy of a test or measuring instrument obtained by measuring the same individuals twice and computing the correlation of the two sets of measures

REMOTE AUTHENTICATION DIAL IN SERVICE (RADIUS)

Remote Authentication Dial In User Service (RADIUS) is a networking protocol that provides centralized Authentication, Authorization, and Accounting (AAA) management for computers to connect and use a network service. RADIUS was developed

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