LEVEL OF SERVICE
Effort in providing service appropriate to satisfy customer needs and desires of clientele the firm wishes to attract and is not a profit killer. Measured amount and kind of service
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
Effort in providing service appropriate to satisfy customer needs and desires of clientele the firm wishes to attract and is not a profit killer. Measured amount and kind of service
All competitors follow the same rules to get equal opportunity to compete regardless of size or financial strength. Economic and legal environment.
Scheduled loan repayment. Schedules a fixed number of fixed-amount monthly installments. Interest and principal allocation shifts from month to month. Early on, interest allocation is high. Over time, interest allocated decreases and
Buyer-seller arrangement seeking to eliminate huge demand swings due to seasonal factors. In exchange for a discount or guaranteed delivery, the buyer agrees to buy a definite amount of a good or
Smooth flow of production over a period driven by sales and production departments agreeing on a fixed level of output volume and output duration. Minimal disruptions from sudden demand-level changes needed. Matching
Coordination, follow up, liaison work does not result in a definitive end product or outcome; work of a general or supportive nature.
May be written prior to death or issued by the probate court. Grants an estate executor permission to do what is needed to distribute stated assets.
Buying a company by using the company’s assets as collateral for the loan(s) to pay for the purchase. The company’s cash flow and assets are sold off to pay for the loan
When a company uses its high credit rating to borrow funds to invest.
A note that gives investors a possibility of returns through a coupon. Refer to inverse floating rate note.
A three-party lease contract for an asset bought by the lessor by borrowing most or all of the monies to purchase the leased asset. Under this contract, (1) the lessor has no
1. Lawful monies owed, like a tax or usage fee. 2. Collected monies. 3. As a judgment or to pay a debt or claim, lawful seizure of a debtor’s specific asset or
Money available to company’s stockholders after paying incurred debt interest. The bigger the debt interest due, the less money left for distribution.
Company roles accountable for employee productivity and the work performance. The role of management is split into three levels: top-level, middle-level, and first-level. These levels are tiered in numbers and overall responsibilities.
Defamatory statement published through any manner or media. If intended to simply bring contempt, disrespect, hatred, or ridicule to a person or entity it is likely a civil breach of law. However,
Short-term international interbank loans are charge this interest rate. This interest rate is applied to large loans ranging from one day up to five years between banks. Immediate liquidity borrowing from another
Political and philosophical principle and belief seeking to limit government involvement in civil economical and social matters. Issues need to be settled outside the courts. Its roots trace back to the early
Debtor or party whose assets or property is held by lien by a creditor, claimant, or ‘lienor’.
1. If Nonpolitical, this is an entity that favors social solutions to economic, social, and other problems, and favors less law and restriction to personal freedoms. 2. If Political, this is an
Effort, skill, and work conditions reflect differentiating factors in operator performance leading to adjusted average time.
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.