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

SEVEN TOOLS OF QUALITY

A device to understand and improve production. 1. Cause and effect diagram, 2. check sheet data record, 3. control chart, 4. Flow chart, 5. histogram graph, 6. Pareto chart based on the

SHIPMENT

The cargo that is transported under a single air way bill or bill of lading. Also known as a consignment.

SHIELDED TWISTED PAIR (STP)

Conducts any ambient noise to the ground and allows for clear transmissions of a high quality. Used where cables pass near motors, TVs, transformers.

SHIPMENT CONTRACT

A contract for sale where the seller takes the risk of loss until the goods arrive at its destination. See destination contract.

SHARI’A

The legal system used by the Islamic people that is based on principles in the Koran and other literature.

SHIPPING BILL

A document ised in customswhere a drawback is claimed on goods exported or on goods attrcating duty that are then re-shipped from a wharehouse that is bonded.

SHEWART CYCLE

4 step process of quality control. 1. Plan, 2. Do, 3. Check, 4. Act. Named after Dr Walter Shewart, mathematician who proposed this idea.

SHAREHOLDER LOAN

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

SEMI VARIABLE COST

the production cost (1) remains fixed to a certain volume, thenit is variable, (2) total of which responds less to changes in activity volume, and (3) has a fixed element of cost

SERVICES RENDERED

The completeion of a service that has been requested by clients that has resulted in a request for paymnent.

SECONDARY DISASTER

A disater that is started by a first disaster and happens after the initial disaster. Such as a fire that occurs after an earthquake.

SECONDARY NEEDS

The needs that remain after primary needs such as food and water have been satisfied. They include leisure activities and entertainment.

SECOND SOURCE

A strategy used in acquisition where there are two suppliers or producers who qualify to supply the same item.

SECONDARY CARE

This is medical care that comes from another doctor or professional that the patient has been referred to for extra care and treatment.

SHELF COMPANY

A company ready-made that fulfills all of the requirements for a legal registration. It can be sold on an dboight by any body.

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.

SENSOR

A device that can detect changes in environmental conditions or the state of another device and sends the information to another place.

SEARCH ENGINE OPTIMIZATION

A way to improve traffic to a web site by using keywords and phrases that are unique toa company or product. The SEO process will mean more people seeing your web page

ROUTINE MAINTENANCE

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

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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.