The trial which was anciently used for the common sort of people, who, having a cord tied about them under their arms, were cast into a river ; if they […]

Young poles, which, being cut down, are made levers or lifters. Blount

In feudal law. One who, holding in free socage, was obliged to do certain services for the lord. A middle class of tenants between servile and free, who held their […]

Group of gram-negative bacteria that grow at elevated temperatures, found in the intestinal tract and, therefore, in the feces of humans and other animals. The most common is escherichia coli […]

Water contamination test, counting colonies of coliform-bacteria Escherichia coli (E. coli) per 100 milliliter of water. The counted result is expressed as ‘Coliform Microbial Density’ and indicates the extent of […]

1.In General, this is a cooperative agreement of two or more parties to work jointly towards a common goal. The involved parties may or may not have had any previous […]

To share and institutionalize quantitative structured or qualitative unstructured information by using integrated software, such as Lotus notes or Microsoft Meetings. Such information would otherwise be lost as employees leave […]

Employee collaboration and interactions executed online. Can also occur with business partners, and customers from various firms. The trading community or industry segment is the commonality for the group.

Software analysis of a customer’s profiles and buying patterns employed more commonly in online commerce. A method of up-selling using automated processes. The process leads to offer to the customers […]

Cooperative organization with a goal of completing a project or solving a problem for learners of varied abilities and interests to work together as small groups.

Agreement for the sharing of internal information to both the buyer and supplier for vendor-managed inventory (VMI), allowing them to collaborate and to integrate their plans, forecasts, and delivery schedules. […]

A sudden, dramatic slowdown, or stoppage, in economic production that leads to a steep decrease in prices that in turn leads to a subsequent connected fall in the level of […]

corporation that has been designed purposely to be liquidated before it has accumulated enough money to have to pay taxes.

A SPREAD consisting of a LONG CALL OPTION and a SHORT PUT OPTION, or long put and short call, with the same expiry date. The LONG POSITION (which requires payment […]

1. In Purchasing, this is an agreement to freeze the maximum limit, ceiling or cap, and/or the minimum limit, or floor. 2. In Investing:, this is a provision in a […]

This is the (1). Grouping together of text, artwork, tables, and such, into a suitable format for printing, or (2). Organizing of printed pages in the correct sequence for binding […]

By the side; at the side; attached upon the side. Not lineal, but upon a parallel or diverging line. Additional or auxiliary; supplementary; cooperating

In old practice. The name “collateral act” was given to any act (except the payment of money) for the performance of which a bond, recognizance , etc., was given as […]

A phrase sometimes used to designate uncles and aunts, and other collateral antecessors, who are not strictly ancestors. Banks v. Walker, 3 Barb. Ch. (N. Y.) 438, 440.

Assigning an asset whose ownership rights are moving only as an additional security for a loan. These rights will revert to the assignor when the loan is repaid. Refer also […]

That which is made over and above the principal assurance or deed itself.

See ” Collateral impeachment ,” infra.

Written or oral agreement associated as a second, or side contract made between the original parties, or between a third party and an original party. This typically occurs before or […]

Legal principle. If a written main contract is challenged, the evidence of a second contract may not be ignored under the parol evidence rule , even if expressed but oral. […]

Typically unavoidable, expense received in association with another cost, but usually secondary or subordinate , . An example is sales tax paid on a purchase.