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

AUTONOMATION

When machines and operators can work together. The operator gives the machine a human touch. Both automatic and semi automatic processes make it easy for the operator.

AUTONOMIC LAW

A rule that it held by a private entity. It could be a corporation or a university.

AUTONOMOUS INVESTMENT

An investment that interest rates and profit in the economic climate. If it succeeds the economy did not necessarily get better. Refer to induced investment.

AUTONOMOUS WORK GROUP

A group of employees that work on the same project. Each member has great responsibility for their part of the project. The project succeeds if all parties perform their tasks correctly.

AUTONOMY PRINCIPLE

A rule that states a credit is not connected to any of its transactions. Refer to abstraction principle.

AUTOPOIESIS

The idea that any living system can maintain stability despite any changes. It is self regulated.

AUTOSHIP

When a shipment is made regularly with an automated payment. It helps with commission.

AVAILABILITY

1.when a resource is able to be used. 2. the percent a computer is usable. 3. the ability of any item to do its task whenever it needs to.

AVAILABILITY BIAS

When decision makers choose based on a personal experience rather than facts. The reaction is emotional.

AVAILABLE ASSET

An asset that is ready for quick conversion into cash. This is done to meet an urgent need for cash flow.

AVAILABLE BALANCE

The amount of money in an account that is able to be used. AKA available funds.

AVAILABLE EARNINGS

The firms profit available for stockholders. The factors in this are the costs, depreciation, taxes, dividend, and the earnings.

AVALIZOR

When a third party becomes a guarantor to make sure a payment is made even if default occurs. It is more common in Europe than in the US.

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