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

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.

ANNUITIZE

1. converting the value in an annuity into payments periodically made. 2. to start to get payments periodically from an acuity contract.

ANNULMENT

When an event or judgment is treated as if it never happened.

ANODE

The component of an electrolytic cell called an electrode where oxidation takes place usually causing corrosion.

ANODIC PROTECTION

To reduce corrosion by making a metal anode with a postive charge. It has low voltage current and keeps the environment electrochemically passive. It was invented in th 1950s and is suitable

ANOMALY

1. any thing different from the norm expected. 2. any physical abnormality.

ANONYMIZING

Hiding the source of an email causing the email to be an anonymous message.

ANONYMOUS FTP

A way to download files from the internet without a password. The public section is used to access the data. Anonymous can be a username as well. The users email and password

ANSOFF MATRIX

The marketing plan that links strategy with its direction in four directions. The market is penetrated and developed. Than a product is developed and diversified.

ANTIBIOTIC

Any substance that prevents the growth of other organisms. It is used to treat infections. Most are synthetically made rather than organically grown.

ANTIBOYCOTT REGULATIONS

A law making boycotting a specific business illegal. It was founded in the 1970s. Businesses can’t refuse to hire US citizens based on race, religion, or their mother country.

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