Buyers that work together on an auction to keep prices low. The simply don’t bid against eachother. The items bought are reauctioned privately and profits are shared among members. It […]
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AUCTIONARI-IE
Catalogues of goods for public sale or auction.
AUCTIONEER
A person authorized or licensed by law to sell lands or goods of other persons at public auction ; one who sells at auction. Crandall v. State, 28 Ohio St. […]
AUCTIONEERS
A middleman who sells items in an auction format. A bidder bids until they win. They are paid through commission of final sale.
AUCTOR
In the Roman law. An auctioneer. In the civil law . A grantor or vendor of any kind. In old French law. A plaintiff. Kel- ham.
AUCTORITAS
In the civil law . Authority. In old European law. A diploma, or royal charter. A word frequently used by Gregory of Tours and later writers. Spelman.
AUCUPIA VERHORUM SUNT JNDICE INDIGNA
Catching at words is unworthy of a judge. Hob. 343.
AUDI ALTERAM PARTEM
Hear the other side; hear both sides. No man should be condemned unheard. Broom, Max. 113. See L. R. 2 P. C. 106.
AUDIENCE
In international law . A hearing; interview with the sovereign. The king or other chief executive of a country grants an audience to a foreign minister who conies to him […]
AUDIENCE COMPOSITION
The demographical data and location of the audience reached by advertising.
AUDIENCE COURT
In English law . A court belonging to the Archbishop of Canterbury, having jurisdiction of matters of form only, as the confirmation of bishops, and the like. This court has […]
AUDIENCE PROFILE
The economic and social charactersitics of the audience reached with advertising.
AUDIENDO ET TERMINANDO
A .Tit or commission to certain persons to appease and punish any insurrection or great riot. Fitzh. Nat. Brev. 110.
AUDIO VIDEO INTERLEAVE (AVI)
The file formater for microsoft that plays audio and video. CD quality video and sound is created but it takes up a lot of space.
AUDIT
As a verb; to make an official investigation and examination of accounts and vouchers. As a noun; the process of auditing accounts ; the hearing and investigation had before an […]
AUDIT BUREAU OF CIRCULATION (ABC)
An independent non profit group that published the companies traffic in print media .
AUDIT CALENDAR
The date a business will be evaluated by the government. It is done to make sure the GAAP is being followed.
AUDIT COMMITTEE
A member of the board that does internal and external audits.
AUDIT CYCLE
The time it takes for an accountant to audit.
AUDIT DEPARTMENT
A department that supervises record keeping and accounting. It makes procedures and rules to keep things to code. Periodic audits are done to ensure efficiency.
AUDIT EVIDENCE
The grounds an auditor comes to an opinion based on. Tests and documents are used for this.
AUDIT OPINION
An independent opinion rendered by a company
AUDIT PROGRAM
The procedure an auditing firm uses to audit.
AUDIT RESOLUTION
The strategy used to reduce weakness that is discovered in the auditing process.
AUDIT SAMPLING
Using a smaller amount of data to audit a company. Each unit must be represented equally for a good sample.