A written statement about a complex work that contains only the basic gist. It is usually written by another author. Other terms that might help are abridgment, digest, outline, pr
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ABSTRACT AND EPITOME OF TITLE
Abstract of title is another term to seek clarification.
ABSTRACT OF RECORD
A brief created from a court transcript used in appellate court .
ABSTRACT OF TITLE
A document that lists all items in an estate to establish the present state of title. These items listed may change the value of the title. Also referred to as […]
ABSTRACT OF TRUST
A brief version of a trust that leaves out the beneficiaries identity and other specific information included.
ABSTRACTION PRINCIPLE
A credit rule that stipulates a credit is not affected by its underlying agreement or contract. This is also called the autonomy principle
ABSTRUSE
Something that is harder to understand for those with only basic knowledge on the topic.
ABUSE
1. A misuse of anything. 2. Cruelty that causes harm to another.
ABUSE OF POWER
The basic abuse of power that can occur when they become too manipulative with those around them and the trust given to them.
ABUSE OF PROCESS
Legal action that is regarded by the courts as misuse or even abuse of the legal process.
ABUSIVE DISMISSAL
The firing of an employee that while done legally is considered to be unnecessarily. It is illegal in many countries and is also called unfair dismissal or wrongful dismissal .
ABUSIVE DRAW
Prematurely cashing a bond without the knowledge of the owner. While not illegal it is frowned upon.
ABUSIVE LANGUAGE
Any hurtful language that can cause mental anguish and can be the grounds for a divorce.
ABUSIVE TAX SHELTER
A backdoor way to claim illegal tax deductions .
ABUTTALS
the boundaries to a property and shows what the adjacent properties are. See boundary suit .
ABUTTING OWNER
Is the owner of property that borders along property that belongs to someone else.
ABX INDEX
An index used to derive the value of a mortgages subprime. A credit default to exchange is used to help those with weak credit. It has four series each containing […]
AC-DC OPTION
An option in trading that can be called upon at a later date if the owner so chooses. This is also called a hermaphrodite option.
ACADEMY OF ACCOUNTING HISTORIANS
A volunteer run organization that studies accounting. Traditionally an accounting historian would be interested in this.
ACCA
This individual works and is bound by the laws of the Institute Of Chartered Accountants.
ACCELERATED AMORTIZATION
A clause in a borrowers agreement that allows them to pay off their debt sooner than the projected date.
ACCELERATED BENEFITS
A clause in life insurance policies that allows them to receive their funds before death. This is only done in extreme cases of serious injury. It is called living benefits.
ACCELERATED BOOKBUILD
When a company has debt obligations and cannot get funds for a project they purchase stocks as a short term investment boost.
ACCELERATED COST RECOVERY SYSTEM (ACRS)
When depreciation occurs faster than expected the US tax allows for it. Assets are divided into classes and the method of depreciation is listed. It is meant to encourage investment. […]
ACCELERATED DEPOSIT RULE
If a business totals $100,000 in federal tax in one day it must be in the bank the next day. Once this occurs the business must maintain a semi-weekly deposit […]