A loan that while it is paid off a large amount comes off the balance. Much of many payments go towards interest alone.

A process that doesn’t change the scale. The increase and decrease occur at the same rate. It is a show off efficiency. Refer to declining returns to scale and economies […]

A situation where payoffs add up to a constant figure for any outcome. One player winning must be offset by another players losses. A zero sum game is an example […]

Accounting that displays funds in the same currency rate without inflation to keep comparison easy. AKA constant cost accounting or constant dollar accounting. Refer to in real terms.

A variable that can’t be changed once it gets a value. Refer to dependent variable and independent variable.

An industry where units are of comperable cost regardless of volume or growth potential . Input costs don’t go up when demand does in this case.

It is clear or evident; it appears ; it is certain ; there is no doubt. Non constat , it does not appear. A certificate which the clerk of the […]

In French law . An affidavit made by a liuissier, setting forth the appearance, form, quality, color, etc., of any article upon which a suit depends. Arg. Fr. Merc. Law, […]

To establish, constitute, or ordain. “Constating instruments” of a corporation are its charter, organic law , or the grant of powers to it. See examples of the use of the […]

A unit that votes legislators into office.

A word used as a correlative to “attorney,” to denote one who constitutes another his agent or invests the other with authority to act for him. ‘ It is also […]

A group that has power to change the constitution .

A company thats part of group. It is under the rule of a parent company . It is acquired to meet needs of a group.

To appoint, constitute, establish, ordain, or undertake. Used principally in ancient powers of attorney, and now supplanted by the English word “constitute.”

A Latin term, signifying ice constitute or appoint.

Officers properly appointed under the constitution for the government of the people

In the civil law . An imperial ordinance or constitution , distinguished from Lex, Senatus-Consultum, and other kinds of law and having its effect from the sole will of the […]

Establishment of dower .

In public law, The organic and fundamental law of a nation or state, which may be written or unwritten, establishing the character and conception of Its government, laying the basic […]

see appendix 2.

Documents with principles that are incorporated in an organization . Refer to articles of incorporation , articles of association , and memorandum of association .

Law that comes from the constitution . It gives guidelines and rights from a governmental source.

They were of various kinds, namely, the following: (1) Edicta; (2) decreta; (3) re- scripta, called also “epistolw.” Sometimes they were general, and intended to form a precedent for other […]

Consistent with the constitution ; authorized by the constitution ; not conflicting with any provision of the constitution or fundamental law of the state. Dependent upon a constitution, or secured […]

A duly constituted assembly of delegates or representatives of the people of a state or nation for the purpose of framing, revising, or amending its constitution .