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

ALTERNATIVE MEDIA

Advertising opportunities not in the standard list. They can be fliers, handouts, super market videos, and the phone book.

ALTERNATIVE ORDER

When buying and selling through an agent and one choice cancels another one out. They can either sell or buy but not do both. AKA either or order and one cancels the

ALTERNATIVE RISK TRANSFER (ART)

A product, channel, or solution that transfers RISK exposures between the INSURANCE and REINSURANCE sectors and the CAPITAL MARKETS in order to achieve specific RISK MANAGEMENT goals. As a result of regulatory

ALTERNATIVE ROUTING

When cargo is brought on an another route that offers the same tax and terms. Refer to alernative tariff.

ALTERNATIVE TARIFF

When a shipper can choose the freight rates when they have two or more are available.

ALTERNATIVE TECHNOLOGY

The way something is made with less pollution that is more efficient than the traditional method.

ALTMAN ZSCORE

Edward Altman’s way to file bankruptcy. It measures how well a party can pay debts and prevent insolvency.

ALUMNI

A group of graduate of a school. They are male and female. The male version is alumnus and the female is alumna.

AMAZON

An online shopping site that is very popular. It has books, electronics, music, furniture, and clothes. The user can buy an item from another user like ebay. It was started in 1995

AMBIANCE

The way a place feels due to the physical atmosphere. It is meant to make customers come again.

AMBIT CLAIM

When an arbitrage authority considered a claim to be exaggerated. A compromise will be made.

AMENITIES

Extra features to make something appear more desirable or to make something seem more valuable than it is.

AMERICAN BREAKFAST

When a hotel offers breakfast. It includes 2 eggs, bacon or sausage, bread or toast, jelly, butter, pancakes, cereal, coffee, tea, and juice. AKA american style breakfast. Refer to continental breakfast and

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