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A standard language is a single text that can be found in various standard documents such as contracts. Standard snippets of text are often part of templates that are easy to fill out and subsequently personalize. This term is also used in the computer world to describe pieces of code used in various programs. The use of the term template dates back to the 19th century when steel sheets were used as templates for making steam boilers. Templates save time and money, but in the case of contracts, they can only be beneficial to one party. Cloud Computing
September 25, 2022 Cloud computing is the provision of various services over the Internet, including data storage, servers, databases, networks, and software. Middle Market Firm
September 25, 2022 Medium-sized businesses make up about one-third of the US economy. Standardization
September 25, 2022 Standardization ensures that certain products or features are produced in the same way according to established rules. 10-K Wrap
September 25, 2022 The 10-K wrapper is part of a larger annual performance document required by the SEC. 10-Q SEC Form
September 25, 2022 Form SEC 10-Q is a comprehensive statement of financial results filed quarterly by all public companies with the Securities and Exchange Commission. 2000 Investor Limit
September 25, 2022 The 2,000 investor limit or rule is a key threshold for private businesses that are unwilling to disclose financial information for public consumption. 500-Shareholder Threshold
September 25, 2022 The 500 shareholder threshold was a rule set by the SEC that required companies to publicly disclose financial statements and other information if they reached 500 or more individual shareholders. 8-K (Form 8K)
September 25, 2022 The US Securities and Exchange Commission requires companies to file a Form 8-K to report significant shareholder related events. Acceptable Quality Level (AQL)
September 25, 2022 The Acceptable Quality Level (AQL) is the worst quality level allowed for a product. Adjudication
September 25, 2022 Litigation is the process by which the judge of the court resolves disputes between two parties. Affiliate
September 25, 2022 An affiliate is a company in which a minority stake is owned by a larger company. Agency Theory
September 25, 2022 The agency theory attempts to explain and resolve disputes about the respective priorities between principals and their agents. Annual General Meeting (AGM)
September 25, 2022 Annual General Meeting (AGM) – the annual meeting of the interested shareholders of the company. Anti Money Laundering (AML)
September 25, 2022 Efforts to combat money laundering (AML) aim to make it more difficult to hide the proceeds of crime. Anticipatory Breach
September 25, 2022 A pre-emptive breach or repudiation of a contract precedes a failure by one of the parties to fulfill its contractual obligations to the other party. Appellate Courts
September 25, 2022 Courts of Appeal hear and consider appeals in cases that have already been heard and decided in the lower courts. Appraisal Costs
September 25, 2022 Evaluation costs are the fees a company pays for discovering defects in its products before they are delivered to customers; they are a form of quality control. Arbitration
September 25, 2022 Arbitration is not the same as filing an investor complaint. Articles of Association
September 25, 2022 The articles of association can be seen as a user manual for the company, defining its purpose and outlining the methodology for carrying out the necessary day-to-day tasks. Assemble to Order (ATO)
September 25, 2022 Assembly to order (ATO) is a business strategy in which products are quickly produced from components after order confirmation. Assignment
September 25, 2022 A cession is a transfer of rights or property from one person to another.# Assortment Strategies
September 25, 2022 Assortment strategy is a strategic sales tool for the retail industry, optimizing the range of products offered for sale. Attorney-in-Fact
September 25, 2022 An actual attorney is a person who is assigned to act on behalf of another person in business, financial or personal matters. Attrition
September 25, 2022 Attrition occurs when the workforce in a company is reduced as people leave and are not replaced. Bail Bond
September 25, 2022 A bail signed by the guarantors is paid by the defendant instead of the full payment of the bail established by the court.