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

SCIENTIFIC RESEARCH

The application of the scientific method to investigate any relationships amongst natural phenomena or to solve a technical or medical problem.

SCOPE

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

SCOPE CHANGE

An engineering, quantity, support or schedule change that has been directed by the customer. A modification to a project.

SCOPE OF BARGAINING

Issues that are included in a collective bargaining situation. Classified as mandatory, permissive or prohibited.

SCOPE OF WORK

The work that is to be carried out under a contract to complete a project, broken into deadlines and specific tasks.

SCORCHED EARTH POLICY

a defence manouver during a take over bid where the business is made to look unprofitable and not worth being taken over.

SCRAMBLING

The deliberate distortion or encoding of a signal to make it unreadable by unauthorized persons.

SCRAP

Waste products that have little value that only comes from its basic content of material through recycling avenues.

SCRAP RATE

A percentage of failed materials that cannot be restored or repaired and is discarded.

SCRATCH DISK

The area on a hard disc that is required for image editing programs to place files in too large for the RAM. Files are stored here only temporarily.

SCREEN

A strategy used when selecting stock where a company is evaluated based on a set of criteria. It can be screened by hand or with an interset based tool or using software

SCREEN PRINTING

A method of printing onto different materials using a screen over which is wiped to produce a pattern underneath on fabric or paper. Each colouyr is printed seperately. Also known as serigraphy.

SCREENING

Evaluation of a numnber of subjects to determine which have the right characteristics or attributes you are looking for.

SCRIP ISSUE

A transaction that occurs in book keeping where new shares are given to current share holders at no cost in proportion to the number of shares already held.

SCRIPLESS

Trading where no no certifcate is issued. It uses only book entires that represent the security holding.

SCRUBBER

A device that is used to remove particles and dust from gaseous pollutants such as smoke. It uses liquid to trap any solid matter.

SEA LEVEL

Known as mean sea level where the average over many years has been recorded between high tide and low tide levels.

SEA WAYBILL

A receipt for cargo ythat has been taken on board a vessel. It is not a document of title or a bill of lading.

SEARCH ADVERTISING

Used in online and internet marketing. The ad will appear after a search using specific keywords for products. It will advertise like products you are searching for.

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