The projected losses that could occur due to a firm’s internal deficiencies, or through the breakdown of its systems.

Tasks that may consist of multiple sub-tasks, usually carried out at one site.

Assessment of the quality and efficiency of operations, designed to identify parts of the process that can be improved.

Designing and overseeing business operations that contribute to the achievement of the companys overall strategy.

Standardized ways to measure operational efficiency .

Applying advanced mathematical techniques to business decisions. Problems are defined and then converted into equations. Following extensive computer analysis, the better solutions to these equations are identified.

A workman; a laboring man; an artisan ; particularly one employed in factories. Cocking v. Ward (Tenu. Ch. App.) 48 S. W. 287; In re City Trust Co., 121 Fed. […]

this is the term that is given to the permission that a person gives in writing to allow an operation to be performed on him.

That part of a conveyance, or of any instrument intended for the creation or transference of rights, by which the main object of the instrument is carried into effect. It […]

The precise words that achieve the objective of an instrument .

in a deed or lease, are the words which effect the transaction intended to be consummated by the instrument .

1. Any person or a device that enables another device to function. 2. A function used in mathematics, usually given a symbol (such as + or -). 3. In telecoms, […]

Lat In the civil law . A protest or warning against [of] a new work. Dig. 39, 1.

Footnote reference term, referring to a title previously cited in another footnote.

The ancient time of marriage, from Epiphany to Ash-Wednesday. Opinio est duplex, scilicet, opinio vulgaris, orta inter graves et discretos, et quae vultum veritatis babet; et opinio tantum orta inter […]

1. Abbreviation for operational excellence . 2. Also used as an acronym for operational expenses.

1. In the law of evidence , opinion is an inference or conclusion drawn by a witness from facts some of which are known to him and others assumed, or […]

a term given to a statement that is the written opinion of a judge who agrees with the final decision in a case but has disagreed with the reasoning.

See dissenting opinion .

a term applied to the evidence that is given by an expert witness .

People with enough influence to affect the behavior and beliefs of others.

1. Authority figures within a community, relied upon by the group for advice and opinions. 2. Marketing: Group of people willing to adopt products early and then encourage others to […]

An attorneys formal response to a clients legal situation. It consists of an analysis of the problem, reference to the laws that apply to the situation and the attorneys suggested […]

the term that is given to the written statement by a court that gives the reasons why a certain decision was made.

An attorneys legal opinion about the validity of a title deed.