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

ASSUMPTIONS

The cause and effect connection that is accepted. It is used in simulations. It can be dangerous if accepted without any real world proof. Refer to critical thinking and rule of thumb.

ASTERISK

The star symbol that indicates a foot note or end note has additional information. Refer to star paging.

ASYMMETRIC RISK EXPOSURE

A mismatch of gain and loss due to value changes of an asset. A wide gap is between loss and gain with a call option.

ASYMMETRY

The state of not having balance. One part is more than the other.

ASYNCHRONOUS TRANSMISSION

When data is sent through signals in spruts spaced at different times. A starbit is used to seperate data and an endbit is used close it. It is used on phones.

AT BEST ORDER

An ORDER to buy or sell securities at the best price available at the time the order is placed.

AT THE CLOSE ORDER

An ORDER to buy or sell securities at the market closing price; if the order cannot be fully executed, it is cancelled. See also AT THE OPEN ORDER.

ATMOSPHERE

1. the gasses that surround the earth. It is made of nitrogen and oxygen. Trace amounts of argon, carbon dioxide, helium, krypton, methane, neon, sulfur dioxide, water vapor, and xenon are present.

ATMOSPHERICS

When a retail store has displays, smells, and environmental elements to influence mood.

ATTACHED

A housing unit that shares a wall with another unit. It is commonly a multifamily dwelling or consists of multiple units.

ATTACK

1. to make good on a threat. Refer to aggression and assault. 2. when a hacker gets into your computer to damage it. Refer to active attack.

ATTENTION LINE

The line stating the intended party for a document. It is denoted sometimes with ATTN.

ATTESTATION CLAUSE

The requirement of an insurance officer to sign the contract for it to be official.

ATTITUDE

The choice to be positive or negative about a certain idea. It affects a persons action, responses, and rewards.

ATTITUDINAL DATA

Data that reflects how a customer affects products and services offered. Surveys are used for this. Refer to demographic data.

ATTORNEYATLAW

A party qualified to practice law in their jurisdiction. AKA attorney. Refer to advocate, barrister, counsel, lawyer, and queen’s counsel.

ATTRIBUTION

Labeling something as either the cause or effect of another item.

ATTRITION

1. when work force goes down due to natural, uncontrollable, and unpredictable elements. 2. losing resouces when they become obsolete or spoil.

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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.