Definitions Q

The process of determining whether or not a particular chemical is present in a sample.…

Measurement of specific amplitude, level, or quantity of a material, output, or product to evaluate…

Systematic examination performed to ascertain if an entity or item is capable of meeting necessary…

Potential customer of a business who has available financial resources to make a purchase, as…

Market value of existing capital assets (plant, machinery, equipment) divided by their replacement cost. When…

A trust, the income of which is paid out to the spouse who survives.

A statistical technique for making projections about the future which uses numerical facts and prior…

List of products that have been tested prior to their actual procurement under a contract…

Method by which entities, goods, and materials are examined to ascertain if they meet the…

. Privilege that protects its holder only if it is exercised properly and in the…

Amount paid for insurance on FHA mortgages that can be deducted on income tax returns.…

Legal issue not authoritatively answered by law, but may be answered by a jury.

The cost of coverage for a product or service that an authorized seller or provider…

Potential bidder who meets the minimum standards of experience, financial ability, managerial ability, reputation, and…

Freedom to enjoy a possessed property without interference. Every sale implies that the buyer has…

Top management’s expression of its intentions, direction, and aims regarding quality of its products and…

Systematic process that translates quality policy into measurable objectives and requirements, and lays down a…

A plan established by employers under the requirements set forth in Section 401(a) and 403(a)…