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

SERVICEABLE

An item that is ready and able to perform the intended service, often after a repair or overhaul.

SERVICE-GOOD MIX

Service-product mix where both goods and services are provided and the service quality is more important than the product or goods.

SERVICE-ORIENTED ARCHITECTURE (SOA)

An architectural model of business information that allows further additions to added and integrated to allow the sharing of information across the different units of business.

SERVICER

The otganisation collecting interest payments and princiapl payment from the borrowers and managing the accounts on behalf of the trustee.

SERVICES

A product that is not tangible but is a service such as banking, education, cleaning and transportation.

SERVICES RENDERED

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

SERVICES-THEATER FRAMEWORK

A concept utilising elemnts from a theatrical view point to model a service setting, actors, audience, back and front of stage ending in a performance.

SERVOMECHANISM

A device of low power that controls a device that is more powerful when it senses changes in variables.

SETBACK

The distance from a road or kerb where nothing can be built upon.

SETTLED ACCOUNT

A written statement showing setlement of an account between the parties concerned.

SETTLEMENT STATEMENT

A statement that is given to the borrowers at closing of a mortgage. It sets out all fees and costs associated with purchasing a home.

SETUP

1. Called a change over where a new piece is made ready to start being made. 2. Arrangement of seating. 3. A fully assembled item that is supplied ready to be used.

SETUP BOX

A rigid box that can be filled. A folding box is a box that needs to be set up.

SEVEN PRINCIPLES OF HACCP

1. identify hazards. 2. identify points where hazards may occur. 3. establish critical limits. 4. establish routines to monitor safety measures. 5. establish responses appropriate for problems. 6. establish and keep a

SEVEN S MODEL

A measure of quality performance. 7 factors are used. 3 hard factors, system, structure, strategy and 4 soft factors, skills, staff, shared values and style.

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

SEVEN WASTES

Wastes resulting from, 1. over production, 2. waiting for next job, 3. unnecessary movement of material, 4. over processing due to poor design, 5. inventories bigger than the requirement, 6. unnecessary worker

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.

SEVERAL LIABILITY

Different to a joint liability where more than one person is deemed liable. A plaintiff may initiate procedings against only one party.

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