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

ACTIVATED CARBON

A carbon used in catalytic coverters and waste treatment. It removes toxicity to the environment. One gram neutralizes 1,000 sq meteres. Refer to molecular sieve.

ACTIVATED SLUDGE

When sewage mixes with bacteria and portozoa leading to oxidation. It reduces pollution.

ACTIVEX

A microsoft software like java. Object linking code and web page data are used. It bridges the gap between programming languages. It is insecure. Refer to javabeans.

ACTIVIST POLICY

Policy of a government that is active in the economy to effect its agenda and objectives.

ACTIVITY

Work performed to create a result. Actions done to help ABC computations. The smallest task done in a time, in relation to others, resouces, and costs. AKA task.

ACTIVITY DRIVER

The number of times demand is needed for an object. This is the cost.

ACTUAL LOSS

Loss in a transaction due to inflation, costs, and scrap value of an object. Refer to actual total loss.

ACTUALS

A physical commodity or financial instrument. Physical items are delivered to the buyer before expiration dates. AKA cash commodity or physicals.

ACTUARIAL

A term used to describe computations and calculations for mortality rates and pensions.

ACTUATOR

A mechanical device that controls power flow.

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