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

ACCEPTABLE RISK

A level of material and human loss involved in the industrial process.

ACCEPTANCE

1. Agreements: Two parties agree to the terms of a contract. If it is denied a counter off is made until the agreement is reached. Upon agreement the contract is legally binding

ACCEPTOR

The individual who agrees to purchase good by signing a bill on or before its due date.

ACCESS

1. The time when an individual is permitted into some security point. This is also called system access. 2. The authority to access restricted records.

ACCESS TIME

The time delay between the request and its completion. AKA data access time.

ACCESSION

When one party takes charge of anothers property or records by a contract that both parties agree to.

ACCESSION RATE

The number of new employees hired during a period of time. It is expressed as a percent of the total employees.

ACCESSORY

Goods used in the operation process, marketing, or administration. They are not part of the final product. Or a party who is not the main culprit but connected to a crime. Refer

ACCIDENT

An unforeseeable and unexpected turn of events that causes loss in value, injury, and increased liabilities. The event is not deliberately caused and is not inevitable. Refer to incident.

ACCIDENT MANAGEMENT

Controling accident potential by preventing escalation, achieving a safe state, or balancing consequences.

ACCIDENT PERIL

The calculated probability that an employee will be harmed at their job. This comes with machinery, electricity, fire, chemicals, and heavy objects.

ACCOMMODATION

Placing anothers concerns befor your own to solve an issue. This is a good low stakes move to encourage long term business. Refer to accomodations.

ACCOMMODATIONS

Making it easy for disadvantaged groups to access and use an establishment. Refer to accommodation.

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