a term that applies to a decline in a person’s mental faculties that is often occasioned by old age.

That peculiar decay of the mental faculties which occurs in extreme old age, and in many cases much earlier, whereby the person is reduced to second childhood, and becomes sometimes […]

Incapacity to contract arising from the impairment of the intellectual faculties by old age.

Lord; a lord. Also the elder. An addition to the name of the elder of two persons having the same name.

A debt that has a prior claim on an issuers assets and income than junior or lesser bonds have.

A captive with greater tax benefits that acts as expanded pure captive . Refer to agency captive , group captive , protected cell company , rentacaptive , and sister captive […]

the name that is given to the attorney who is in charge of a law suit when there are 2 or more attorneys that represent the same client.

A mid level unsecured debt ranking between a subordinated debt and a secured debt . AKA senior unsecured debt.

The first mortgage on a property that has priority over other mortgages that are taken out on the same property.

A partner with alevel of involvement higher than any junior partners and with any associated responsiblity, risks and rewards.

A security that has priority over others for claims on assets. A mortgage bond is senior to a debenture to an ordinary share .

Attained by the employee who has worked the longest with the firm. Often orders promotion and lay offs and benefits to employees.

In Spanish law. Dominion or property.

A sensitive asset that if compromised can cause serious harm to an organisation.

A condition of a market that is characterised by an exaggereted reaction of the price to positive and negative news influences.

1. The degree of responsiveness and awareness to external and internal changes, demands and challenges.2. The degree an item is subject to harm and damage from environmental changes.3. The amount […]

A “What if” analysis. A simulation where quantative computations and assumptions are changed in order to assess the effect on a final outcome.

Called a tornado diagram it is a graph that plots results of various assumptions on a final outcome in a sensitvity analysis test.

Part of the “human potential development movement” where it is designed so people are more aware of the group dynamics and their behaviour, role and interpersonal traits within that group.

The attempt to make others and one’s self aware of and responsive to ideas, situations, events and phenomena.

The repeated exposure to a substance that may cause the development of allergic reactions in some people.

A device that can detect changes in environmental conditions or the state of another device and sends the information to another place.

Lat. Sense, meaning, signification . Malo sensu , in an evil or derogatory sense, ilitiori sensu, in a milder, less severe, or less stringent sense. Sensu honesto, In an honest […]

enacted in the consulship of Pegasus and Pusio, in the reign of Vespasian, by which an heir, who was requested to restore an inheritance , was allowed to retain one-fourth […]

the term applied to a sentence that runs at the same time as another sentence. See concurrent sentence.