Declaring the value held at each location that is insured under a blanket policy .
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STATEMENT OF WORK (SOW)
Description of tasks and services the contractor needs to do under the contract.
STATES OF NATURE
The struggling of a company with its fiscal responsibilities.
STATESMAN
A freeholder and farmer In Cumberland. Wharton.
STATEWIDE AVERAGE WEEKLY WAGE
Calculation of the weekly average wage that is regularly updated to establish benefits of compensation .
STATIC
1. General. Featured by lack of activity, movement, change or progress. 2. Communications . The n Oise of electromagnetic interference disrupting or degrading quality of an analogue reception or transmission […]
STATIC BUDGET
Budget that is fixed and based on all anticipated expenses and costs prior to the fact. Also known as a fixed budget .
STATIC DECISION
A decision that is implemented and whose outcome is controlled b y the person making the decision.
STATIC QUALITY
The continuation of current practices to maintain the quality of a service or goods.
STATIC RISK
A situation that is not affected by a business environment and remains constant over a period of time, such as real property . See dynamic risk.
STATICS
The study of bodies when they are at rest and all forces are in equilibrium . See dynamics.
STATIM
Lat. Forthwith; immediately . In old English law , this term meant either “at once,” or “within a legal time,” i. e., such time as permitted the legal and regular […]
STATING AN ACCOUNT
Exhibiting, or listing in their order, the items which make up an account.
STATING PART OF A BILL
That part of a bill in chancery in which the plaintiff states the facts of his case; it is distin- guished from the charging part of the bill and from […]
STATION
In the civil law . A place where ships may ride in safety. Dig. 50, 16. 59.
STATIONERS’ HALL
In English law . The hall of the stationers’ company, at which every person claiming copyright in a book must register his title, in order to be able to bring […]
STATIONERY
1. General. Supplies for the office such as paper, envelopes. 2. Computing. Types of papers used by different printers.
STATIONERY OFFICE
In English law . A government office established as a department of the treasury , for the purpose of supplying government offices with stationery and books, and of printing and […]
STATIST
A statesman; a politician; one skilled iu government.
STATISTIC
The single quantity in or calculated from a set of data. See statistics.
STATISTICAL ANALYSIS
Collecting, examining, summarizing, manipulating and interpreting quantitative data to see any underlying patterns, causes trends or relationships.
STATISTICAL CONTROL
The stabilized process of production where common variation causes remain as shown on a control chart by an absence of points of data outside control limits and patterns of variation […]
STATISTICAL COST
The cost that is determined by using statistical methods on historical data.
STATISTICAL COST ESTIMATING
Using technical or physical features and their relationship to cost data calculated from analyzing historical costs.
STATISTICAL INFERENCE
Estimate of population features derived from analyzing a sample from it.