Category: F

A public officer or em- ploy

Lat Having fulfilled the function, discharged the office, or accomplished the purpose, and therefore of no further force or authority. Applied to an officer whose term has expired, and who has consequently no further official authority;and also to an instrument, power, agency, etc.. which has fulfilled the purpose of its creation, and is therefore of no further virtue or effect.

Reduced productivity of a capital asset due to obsolescence. Decreased capability and throughput of an asset.

v. To capitalize with a view to the production of interest. Stephen v. Mil- nor,24 N. J. Eq. 376. Also, to put into the form of bonds, stocks, or other securities, bearingregular interest, and to provide or appropriate a fund or permanent revenue for thepayment thereof. Merrill v. Monticello (C. C.) 22 Fed. 596.

In medical jurisprudence. One which prevents, obstructs, orinterferes with the due performance of its special functions by any organ of the body,without anatomical defect or abnormality In the organ itself. See Higbee v. GuardianMut L. Ins. Co., 66 Barb. (N. Y.) 472. Distinguished from “organic” disease, which is dueto some injury to, or lesion or malformation in, the organ in question.

Nonprofit organizations use this type of accounting. Focus is on meeting business objectives. Profit is not a concern as it is not typically an expectation.

Expected results from a process are not achieved due to something going wrong.

After subtracting expenses from revenue, this is the value of an account.

The ability of company organizations to be multi-functional, able to move employees to other duties or responsibilities within the company. Ability to adapt to changing conditions and requirements. Training, management, and outsourcing impact organizational adaptability.

A mutual fund invests the bulk of its resources as a concentration on a segment of financial market