The resources needed to make something. It can be land, labor, capital, or enterprise.
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FACTORY
In Englisli law. The term includes all buildings and premises wherein, orwithin the close or curtilage of which, steam, water, or any mechanical power is used tomove or work any […]
FACTORY BURDEN
The cost of keeping an operating plant open.
FACTORY COST
The cost of making something at a location that includes raw materials, labor, and overhead.
FACTORY ORDERS
A report about durable and nondurable goods. It includes changes in demand and inventory. It takes two weeks to get the information out there so the market has already had […]
FACTS IN ISSUE
These are the facts that a plaintiff will base his claim on or which the defendant denies the claim on.
FACTUAL DATA
Facts that are assumed to help an investigation or solve a problem.
FACTUM
Lat. In old English law .A deed ; a person’s act and deed : anything stated or made certain ; a sealedinstrument; a deed of conveyance.A fact; a circumstance; particularly […]
FACULTATIVE
A process where a REINSURER can accept or reject coverage for individual RISKS presented for consideration by a CEDING INSURER . See also REINSURANCE .
FACULTATIVE OBLIGATORY TREATY
A hybrid of FACULTATIVE REINSURANCE and TREATY REINSURANCE where the CEDING INSURER can choose to assign certain RISKS to the REINSURER, who is then required to accept them.
FACULTATIVE REINSURANCE
When the insurer decides the risk that a policy should cover. The risk left over is shared with with another insurer. Refer to treaty reinsurance .
FACULTIES
In the law of divorce. The capability of the husband to render a support to the wife in the form of alimony,whether temporary or permanent, including not only his tangible […]
FACULTIES, COURT OF
In English ecclesiastical law . A jurisdiction or tribunalbelonging to the archbishop. It does not hold pleas in any suits, but creates rights topews, monuments, and particular places, and modes […]
FACULTY
In ecclesiastical law . A license or authority; a privilege granted by the ordinary to a man by favor and indulgenceto do that which by law he may not do; […]
FACULTY OF A COLLEGE
The corps of professors, instructors, tutors, and lecturers.To be distinguished from the board of trustees , who constitute the corporation .
FACULTY OF ADVOCATES
The college or society of advocates in Scotland.
FAD
A trend that is short lived but intense. It happens during the holidays.
FADERFIUM
In old English law . A marriage gift coming from the father or brother ofthe bride.
FAGGOT
A badge worn in popish times by persons who had recanted and abjuredwhat was then adjudged to be heresy, as an emblem of what they had merited. Cowell.
FAGGOT VOTES
A faggot vote Is where a man is formally possessed of a right tovote for members of parliament , without possessing the substance which the voteshould represent; as if he […]
FAHRENHEIT SCALE
The temperature scale where water boils at 212 degrees and it freezes at 32 degrees.The Celsius scale is replacing it except in the US.
FAID2 CURSUS
In old English law . A fold-course ; the course (going or taking about)of a fold. Speluian. A sheep walk, or feed for sheep. 2 Vent 139.
FAIDA
In Saxon law. Malice; open and deadly hostility ; deadly feud . The worddesignated the enmity between the family of a murdered man and that of his murderer,which was recognized, […]
FAIL
1. The difference between “fail” and “refuse” is that the latter involves an actof the will, while the former may be an act of inevitable necessity. Taylor v. Mason, 9Wheat. […]
FAIL SAFE
Equipment that rarely fails because it is used often and is backed up automatically . Nothing is 100% safe so its preferred to say fault tolerant .