Accounting method where depreciation is calculated using a set and fixed percentage, the same amount being deducted every year until the end of the asset's useful life. … [Read more...] about STRAIGHT LINE DEPRECIATION
S
STRAMINEUS HOMO
L. Latin: A man of straw, one of no substance, put forward as bail or surety. … [Read more...] about STRAMINEUS HOMO
STRAND
A shore or bank of the sea or a river. Doane v. Willcutt 5 Gray (Mass.). 335, 66 Am. Dec 369; Bell v. Hayes, 60 App. Div. 382, 69 N. Y. Supp. 898; Stillman v. Biir-feind, 21 App. Div. 13, 47 N. Y. Supp. 280. … [Read more...] about STRAND
STIPITAL
Relating to stirpes, roots, or stocks. "Stipital distribution" of property is distribution per stirpes; that is, by right of representation. … [Read more...] about STIPITAL
STOCK SPLIT
When a stock is at a high price, a common practice is to split the shares by offering two shares for one and thus reducing the price of each share by 50%, making it potentially more marketable and salable at a lower price. … [Read more...] about STOCK SPLIT
