the term used for a person showing orderly conduct while in jail. It can help parole be granted and the sentence shortened.

This term means that from a legal point of view there are sufficient grounds to act on.

A reason for doing something based on natural affection, generosity, love, or moral duty. This reason is insufficient to judge a commercial contract or promise enforceable as it lacks valid, […]

Securities industry term. Describes a securities certificate , like a share certificate , that complies with all contractual and regulatory requirements . Such securities are freely transferred by delivery to […]

Insurance purchase incentive. Reward for careful, safe, responsible automobile ownership and use. Based on specific criteria such as no accidents for a time period , or no tickets during that […]

Sometimes legally binding due diligence around the effort made, information given, or transaction done, honestly, objectively, with no deliberate intent to defraud the other party. Yet, this does not cover […]

Objective evidence of action satisfying the requirement that the parties to a contract regularly meet and willingly discuss resolution on proposed new contract terms. No demand exists on any party […]

Does not necessarily include due diligence . Focused efforts to produce desired or required results by deliberate action.

Documenting all costs tied to getting a home loan, including loan processing , title, and inspection fees in a reasonable effort by A lender or broker.

A LIMIT ORDER or STOP ORDER to buy or sell a security that remains in effect until the end of the current month.

Generally accepted and documented lab methods controlling activities and operations. These practices are independent of verifications or measurement techniques employed, proven to be safe and having a positive influence on […]

Plant and facility operations guidelines to mitigate potential and real risks. These guidelines are for food processors and seek to include all HACCP methods and procedures. (1) plant design and […]

Any source of funds that is available for immediate use, such as FEDERAL FUNDS .

Facilitating dealings between two or more parties using an unbiased third-party’s influence.

For any company that measures its product performance based on the quality of products and services it has been manufacturing , a functioning, error-less production system results are essential.

This term is given to a person with a good reputation and known to honest, true and forthright.

The fictitious plaintiff in the old action of ejectment,most frequently called “John Doe,” was sometimes called “Goodright” or “Goodtitle.”

doctrine that applies in most states of the US where a doctor is freed from a malpractice suit when he treats a person in an emergency.

Entity status in terms of being up-to-date for anything due, like dues, reports, other criteria, as a member of an organization .

A LIMIT ORDER for the purchase or sale of a security at a specific price that remains in effect until the price target is met and the trade is executed, […]

a title that is free from doubts and is able to be sold with the knowledge that it is clear and valid.

Customer-to-broker buy or sell order that stays open at a specified price and order terms until (1) the order is executed, (2) or cancelled by the customer, (3) or expires […]

Professor Charles Goodhart introduced this theory. Originally applied to the stability of economic spending, it now points out the problem of assigning value to a specific variable to be used […]

Warm fuzzy; level of confidence. Degree of comfort that a sample survey ‘s or test result are reliable for making dependable projections. Described formally as the degree of linear correlation […]

In contracts. The term “goods” is not so wide as “chattels,” for it applies to inanimate objects, and does not Include animals or chattels real, as a lease for years […]