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

SECONDARY MATERIAL

A material that is recycled to be used again. It has been used at least once before.

SECONDARY MEANING

A consumer deducted meaning for a brand name or symbol that differs from its primary meaning. A term in copyright law where a common name or symbol must acquire a distinctive name

SECONDARY NEEDS

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

SECONDARY PACKAGING

The packaging that encloses the primary product . The box that a packet or item is sold in.

SECONDARY PICKETING

The picketing of a company that is not a direct party to a labour dispute. It may be buying or selling to the party where action is happening.

SECONDARY PRODUCT

A product that has been processed from raw materials that is not classed as the primary product produced by the company.

SECONDARY STRIKE

A strike that has occured where labour is withheld due to teh company buys or sells from a firm where the workers are striking.

SECRET RESERVE

The amount that is not disclosed to anyone that is involved in buying or bidding on bonds and stocks. The only person who knows the amount is the person who is issuing

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.

SECTOR

1. General. A distinct, large subdivision that is defined on the basis of a common factor. Also a segment.2. Data storage. The area of a disk that is the smallest amount that

SECTOR ROTATION

See asset allocation. A process of investment salesin one style of business in order to purchase holdings in one or more than one different types where the investor has seen the greatest

SECURE COMMUNICATION PROTOCOL

Standards of communicationthat are used to ensure a secure transfer of data communication. Mastercard and Visa have developed the Secure Electronic Transaction protocol.

SECURE ELECTRONIC TRANSACTION (SET)

An open industry standard developed by Visa and Mastercard to secire online commerce transactions. When using SET the buyers details are encoded and then sent to Visa and Mastercard to be uncoded

SECURE SERVER

A computer system that is designed for dedicated servers only to provide a secure online commerce transaction over a network such as the internet.

SECURE SOCKET LAYER (SSL)

An open standard for the encryption of data, authentication and privacyover a network like the internet.Netscape developed the idea that is based on the RSA method. It is independent of teh application

SECURE SYSTEM

A computer system that has protection that is provided through software and hardware that prevents against corruption of data, interception of data and any loss of data or unauthorised access.

SECURED

A credit, obligation of loan that is guaranteed by a pledge of an item of gtreater or equal value on liquidation.

SECURED PARTY

The lender or seller who is holding the security interest or lien that is against an asset that has been pledged. Secured parties are paid first before the unsecured ones.

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