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

HETEROSKEDASTIC

Data sample or process that has errors from distributions and different values for each variable. It is the chance of error in a sample.

HIATUS

A temporary break. It occurs when airing a TV show and can be a break between season or employment history.

HIDDEN ASSET

An asset not on the balance sheet like a long term contract or lease.

HIDDEN COST

A cost that is not included in price of any equipment like maintenance, supplies, training, and upgrades.

HIDDEN INFLATION

Quality and quantity that decreaes even though the price goes down. It happens when the product stays at the same price but is offered in less numbers or quality.

HIDDEN LOAD

A fee paid without being shown. It is embedded in another charge.

HIDDEN PERSUADER

A message that is subconscious to advertise an product and reach the audience without them being aware.

HIDDEN RESERVE

A resource not on a balance sheet like land or a building that has less value than the market value. It is hidden sometimes on purpose to have a lower taxable income.

HIDDEN UNEMPLOYMENT

Unemployed parties that are not in unemployment figures the government releases. It happens because figures include people that are seeking employment. Those not looking or have given up are not counted and

HIDDEN VALUES

An instrument a company keeps but doesn’t show on the balance sheet.

HIERARCHICAL ORGANIZATION

A pyramid like organization when a person controls an area with subordinates. Higher levels are more powerful and control underlings.

HIERARCHY OF AUTHORITY

The power structure and authority that increases at higher levels in the hierarchy. The person at the top is most powerful and makes the final decision.

HIERARCHY OF EFFECTS

The give steps of consumer passes. It is awareness, interest, evaluation, conviction, and purchase.

HIGH CARBON STEEL

Steel with more than .03% carbon and is harde but less formable than the lowcarbon steel. It is used in springs, farming equipment, and high wear uses.

HIGH DEFINITION TELEVISION

A digital TV stystem that uses an image of 720 lines or more of resolution. It is clearer and shows HD formats and Bluray DVDs.

HIGH FLYER

Stock that gets a high price and trading volume in a short time.

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