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

SHORT-TERM TREND

Any movement in the price an asset shows over a short period of time such as hours or days. Day traders try to profit from these trands.

SHOTGUN APPROACH

A strategy used in marketing where as wide an area as possible is aimed to be covered.

SHOTGUN CLAUSE

Often included when share holding is split evenly or 50/50 between 2 parties.A provision in the agreement where a party offering to buy out the other at acertain price must accept the

SHOULD-COST ESTIMATE

An approximate contract price that is developed by the customer’s engineering, accounting, procurement and costing staff.

SHOULDER PERIOD

Shoulder season is the same. The time between a high and low cycle in seasonal sales.

SHOW CAUSE ORDER

A court order requiring a party to appear before a court and to explain to the court why a certain action shouldn’t be taken against them.

SHOW HOW

The way a trainer or teacher can best demonstrate applying methods, procedures, practices an dprocesses.

SHOW STOPPER

an event, condition, activity or a problem that will bring to a halt another program, activity or process.

SHOWROOM

The room where a compoany will display all of its products.

SHRINKAGE FACTOR

1. A percentage in short fall of a planned output amount. 2. a percent of inventory lost due to errors, theft and spoilage or waste.

SHRINKWRAP

A thin and tight wrap of plastic material that is used to ensure an air tight, water tight, dust and abrasion proof cover for goods. See stretch wrap.

SHRINKWRAP LICENSE

A passive contract where the buyer of software accepts the factthat when he opens the shrinkwrap he is committed to the product.

SHRINKWRAPPED SOFTWARE

An off- the- shelf software that is found in retail outlets and commercially available that is in contrast to software that is specially written for a company.

SHUNTO

A practice in Japan in bargaining for an annual wage where smaller firms follow patterns of wages of the larger firms.

SHUTDOWN

The time when a piece of equipment, a machine or a plant is not working.

SHUTDOWN MAINTENANCE

Any maintenance that is performed when a machine or piece of equipment is turned off and out of service.

SHUTDOWN POINT

The level of output where total revenue is equal to total variable costs and the price of the product equals an average variable price.

SICAV

A European investment fund where investor numbers determines the amount of capital in a fund.

SICK BUILDING SYNDROME

Acute effects of discomfort or ill health that can be traced back to time spent in a certain place or building for a period of time. Usually occurs in new buildings from

SICK LEAVE

The number a days an emplyee has each year when he can stay off work and still be paid when he is too ill to go to work.

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.