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

SHAREHOLDER AGREEMENT

The contract between a firm and the share holders which outlines how internal affairs of the firm are managed, how any disputes are resolved and what happens when a share holder is

SHARE REPURCHASE

A company will buy its own shares in order to boost the market for them by reducing the quantity of available shares.

SHAREHOLDER LOAN

A process where the share holder will exchange for interest repayments.The collateral could be shares or debentures from the company.

SEVERALLY

Solely, seperately, singly or exclusively. Owned by only one entity.

SHARK REPELLANT

The measures that are taken by a company to make it less attractive to hostile bids for take over.

SHARK WATCHER

A specialist monitoring the financial markets for an early sighns of a hostile tak over attempt.

SHARE PREMIUM

The amount a firm will receive that is in excess over the par price of shares.

SEVERABLE CONTRACT

A contract made up of several parts where you can comply with parts seperately from one another. The failure to comply with one part will not terminate the contract.

SELF-INSURED RETENTION (SIR)

The amount the insured must pay in a liability insurance policy before the insurance comapny will pay. This is paid directly by the insured to the claimant.

SERVICE CONTRACT

A contract for services such as time, expertise and effort instead of goods.

SECTION 125 PLAN

A plan of flexible benefit that is named a section of the IRS tax code that allows an employees contribution to be matched dollar for dollar with pre-tax dollars.

SELECT

Anacronym for the 6 steps in marketing research: 1. Situation analysis,2. explicit statement of objectives 3. laying down of research startegy and method of data collection 4. Evaluation of data 5. creation

SECONDARY DATA

Data that has been collected by another person other than the current or primary person.

SEXUAL HARASSMENT

Harrassment in the workplace or discrimination where unwelcome and unwanted advances are made to a person by one or more other employees. The comments are of a personal nature and often sexual

SERVICE SETTING

The total of the physical environment and the ambience where a service occurs.

SCOPE

See scope of work. All of the jobs required in order to complete a project, from the contract, employment and finishing the job.

ROUTINE MAINTENANCE

Usually a small scale activity to keep a piece of machinery or equipment in good working order.

RETIREMENT

1. The removal of any asset after its sale. 2. Forced or voluntary withdrawal from the job market. 3. Withdrawing a document from circulation. 4. The discharge or satisfaction of an obligation.

Topic Archives:

Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.