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

ANALOG COSTING

Deciding cost of similar items and factors to reconsile the differences between them. AKA analog cost estimating.

ANALYZE

Taking a single item and figuring out reasons for differences in the numbers.

ANCHOR TENANT

The first shopping center that attracts others and the customers associated with them. The rent is lower for this tenant.

ANCHORING BIAS

Basing judgment on a situation that has nothing to do with the current issue.

ANCILLARY GUARANTY

A bond where the guarantor is a cosigner of a contract. They have more rights and can challenge payment demands. They are illegal in the US but common in the UK. AKA

AND

An operater that finds records if it has all the words specified in the search. Refer to not and or.

AND INTEREST

A term in bond price that means interest is not included in the figure yet. The buyer will get the interest on top of the value.

ANDON BOARD

A Japanese term for any visual aid production device. It shows the changing status of a production line. Alerts are sounded if anything goes wrong.

ANESTHETIC

A drug that causes loss of sensation. This loss can be total or partial. If overexposed side effects can occur and even death in severe cases.

ANGELS

A high risk investor that likes new acquisitions that seem to be profitable. They have experience and help on the board.

ANNOUNCEMENT

A statement made official by press. It can be damage control or a new product. Refer to press release.

ANNUAL CLEANUP

When the borrower must have a zero balance with the company for 3.060 days. It is not common anymore and is not necessary for a secured line of credit.

ANNUAL RETURN

1. a yearly report about a firms operations, composition, and position. It mus be done by incorporated and registered firms. Details on this are stock holders, directors, charges against a firm, office

ANNUALAGGREGATE LIMIT

The maximum amount that an INSURANCE contract will pay in settlements to an INSURED over a 12month period, regardless of the number of CLAIMS submitted.

ANNUALIZED HOURS

Calculating the work time by year. It is used to accomodate seasonal variations in employment.

ANNUALIZED INCOME

Adjusted income or return based on annual performance. AKA annualized return.

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