A market research technique that involves obtaining public opinion on an issue. One common application is the prediction of election results. Statistical results are calculated from the aggregated views of […]

Illegally acquiring positive audit results that cover up flaws in accounting procedures.

Oportet quod certa res deducatur in donationem. It is necessary that a certain tiling he brought into the gift, or made the subject of the conveyance. Bract, fol. 156. Oportet […]

Lat. In the civil law . To pledge. Calvin.

Exploiting situations for personal gain, without considering others.

The use of GAAP in business accounting to create the appearance of goal attainment.

All those agents or forces that are out of an organization ‘s control, but can accelerate or restrict the organizations success.

Situation in which the commitment of resources may lead to unforeseen gains, but containing an element of risk.

The cost of using a resource to acquire one thing instead of another. As all resources can be used in multiple ways, using them in one way invariably involves some […]

The cost incurred due to the investment of capital in something other than ‘blue chip’ securities.

Income generated with the intention of purchasing assets that will ultimately yield a higher rate of return .

A non-profit fund to help people on low incomes. Provides assistance through education, affordable mortgages, micro-savings and micro-loans.

The likelihood that a loss will be incurred by committing resources to one opportunity , preventing the pursuit of better opportunities in the future.

The wage employers can pay workers under 20 years of age. Although lower than minimum wage , there are several restrictions on its use.

An officer formerly belonging to the green-wax in the exchequer.

An old word for “opponent.”

the term that describes the adversary in the law suit.

In bankruptcy practice. Opposition is the refusal of a creditor to assent to the debtor’s discharge under the bankrupt law . In French law . A motion to open a […]

The misdemeanor committed by a public officer, who under color of his office, wrongfully inllicts upon any person any bodily harm , imprisonment , or other injury. 1 Russ. Crimes, […]

the name that is given to a suit that is brought for malicious purposes.

A public officer who unlawfully uses his authority by way of oppres- sion, (q. v.)

In the Civil law. Ignominy; infamy; shame. Optima est legis interpres consuetudo. Custom is the best interpreter of the law. Dig. 1, 3, 37; Broom, Max. 931; Lofft, 237. Optima […]

Explicit permission to continue sending marketing information to an individual . Once this permission has been acquired, the individual must generally choose to opt out to stop receiving marketing materials.

Explicit instruction not to send marketing materials to an individual .

The scanning of printed text into characters that a word processor can recognize, removing the need to re-type printed text.