the term that is used to describe the county seat or the capital of a state or the federal government .
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SEAT PITCH
Known as leg room it is the distance between the back of a seat and the front of the seat behind it.
SEAT WIDTH
The distance available on a seat between the hand rests. See also seat pitch.
SEAWAN
The name used by the Algonquin Indians for the shell beads (or wampum) which passed amoug the Indians as money. Webster.
SEAWORTHINESS
simply as “the seal of the United States ,” or “the seal of the state.”
SEAWORTHY
This adjective, applied to a vessel, signifies that she is properly con- structed. prepared, manned, equip]>ed, and provided, for the voyage intended. See SEAWORTHINESS .
SEC FILING
A statement of financial position nmust be made with the SEC by a company that is ytrading on the public markets.
SEC YIELD
A method used by US Securities and Exchange Commission for computing the return on investments. It allows a comparison of the performance of funds that has no confusion.
SECESSION
a term that means withdrawing from a membership in a group or organisation.
SECK
A want of remedy by distress. Litt.
SECOND
This term, as used in law, may denote either sequence in point of time or inferiority or postponement iu respect to rank, lien, order, or privilege. As to second “Cousin,” […]
SECOND ARREST
a term that is used when a convict is rearrested after he has escaped.
SECOND COUSINS
Persons who are related to each other by descending from the same great- grandfather or great- grandmother . The children of one’s first cousins are his second cousins . These […]
SECOND DEGREE PRICE DETERMINATION
A practice in pricing where a seller ranks his cuctomers according the sizes of their orders and places different prices to different buyers. All buyers in the same segment wii […]
SECOND DELIVERANCE
In practice . A writ allowed a plaintiff in replevin, where thedefendant has obtained judgment for return of the goods, by default on nonsuit, inorder to have the same distress […]
SECOND DISTRESS
A supplementary distress for rent in arrear, allowed by law in some cases, where thegoods seized under the first distress are not of sufficient value to satisfy the claim.
SECOND INJURY FUND
A fund that is to aid emplyers who hire disabled or handicapped workers. It is the purpose of compensating for any further injury to the employee.
SECOND ISSUING BANK
The bank that issues the second letter of credit in a back-to- back letter of credit.
SECOND MORTGAGE
A mortgage on a property that is secured by equity in the property. Both mortgages run at the same time and the second usually has a shorter time frame.
Second Named Insured
The second person named on an auto insurance policy and who has the same coverage as the Named Insured .
SECOND PREFERRED STOCK
The stock that receives its portion of the dividend after the senior or preferred stock . Often command a higher dividend as they carry more risk.
SECOND ROUND FINANCING
Funds that are raised to further finance expansion of a firm after the start up phase is completed.
SECOND SOURCE
A strategy used in acquisition where there are two suppliers or producers who qualify to supply the same item.
SECOND SURGICAL OPINION
A second opinion from another doctor to ensure that the surgical procedure is necessary.
SECOND SURPLUS REINSURANCE
A reinsurance that the second reinsurer can accept through surplus treaty. It is equal to the difference between the retention of the original reinsurer and the total of the first […]