In English law . Limit; a limited number. Used as descriptive of a species of common. See COMMON SANS NOMBRE .
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STIPEND
A salary; settled pay. Man- gam v. Brooklyn, 98 N. Y. 597, 50 Am. Bep. 705. In English and Scotch law. A provision made for the support of the clergy.
STIPENDIARY ESTATES
Estates granted in return for services, generally of a military kind. 1 Steph. Comm. 174.
STIPENDIARY MAGISTRATES
In English law . Paid magistrates; appointed in London and some other cities and bor- oughs, and having in general the powers and jurisdiction of justices of the peace.
STIPENDIUM
Lat. In the civil law . The pay of a soldier ; wages; stipend. Calvin.
STIPES
Lat. In old English law . Stock ; a stock; a source of descent or title. Communis stipes , the common stock . Fleta, lib. 6, c. 2.
STIPITAL
Relating to stirpes, roots, or stocks. “Stipital distribution ” of property is distribution per stirpes ; that is, by right of representation .
STIPULATED DAMAGE
Liquidated damage, (q. v.)
STIPULATED SUM AGREEMENT
Contract where a set amount is set forth as a total payment on the completing of an agreement. See lump sum contract .
STIPULATIO
ment of a direction that all further proceedings shall be stayed, (t. e., that the process may stand,) and it is one of the ways by which a suit may […]
STIPULATION
A material article In an agreement In practice . An engagement or undertaking in writing, to do a certain act; as to try a cause at a certain time. 1 […]
STIPULATOR
In the civil law . Tlie party who asked the question in the contract of stipulation ; the other party, or lie who answered, being called the “promissor.” But, in […]
STIRPES
See per stipes.
STIRPS
Lat. A root or stock of descent or title. Taking property by right of repre- sentation is called “succession per stirpes .” in opposition to taking In one’s own right, […]
STOCHASTIC
The model or situation that contains a random, unpredictable element that has no order or pattern.
STOCHASTIC EFFECT
The chance effect of an injury caused by a substance with no threshold level and the probability is in proportion to the dose but the severity is independent of it.
STOCHASTIC INVENTORY CONTROL
The alternate term for probabilistic inventory control .
STOCHASTIC MODEL
Simulation where ranges of values for variables are used.
STOCHASTIC PROCESS
An attempt to generate value by the way an assets dynamic movement in the market is described without considering the assets history. Refer to markov process .
STOCK
or, with a view to their being released or discharged by an acoeptilatio, that mode of discharge being applicable only to the verbal contract Brown.
STOCK AND FLOW VARIABLE
The variable measured at a point in time, stock, and or over a period, flow.
STOCK APPRECIATION RIGHT
A privilege that is granted to holders of stock options who will receive cash or extra stock when the company’s stock appreciates in value.
STOCK BONUS PLAN
Incentive scheme for employees where benefits provided are like a profit sharing plan except (1) employer’s contributions not based on profit and (2) benefits are distributed as stocks.
STOCK BROKER
the title that is given to a person who buys and sells stocks for his clients.
STOCK BUYBACK
Increasing treasury stock contra account by repurchasing outstanding common stock and permanently taking it out of circulation , thereby making shares more valuable for existing shareholders, and also preventing a […]