Category: F

Another name for undifferentiated products.

This term includes that which furnishes, or with which anything is furnished or supplied; whatever must be supplied to a house, a room, or the like, to make it habitable, convenient, or agreeable; goods, vessels, utensils, and other appendages necessary or convenient for housekeeping; whatever is added to the interior of a house or apartment, for use or convenience. Bell v. Holding, 27 Ind. 173.The term ÒfurnitureÓ embraces everything about the house that has been usually enjoyed there, including plate, linen, china, and pictures. 1 Endicott v. Endicott, 41N. J. Eq. 96, 3 Atl. 157.The word ÒfurnitureÓ made use of in the disposition of the law. or in the conventions or acts of persons, comprehends only such furniture as is intended for use and ornament of apartments, but not libraries which happen to be there, nor plate. Civ.Code La. art. 477.

Movable goods which may be estimated and replaced accordingto weight, measure, and number. Things belonging to a class, which do not have to bedealt with in specie.Those things one specimen of which is as good as another, as is the case with halfcrowns,or pounds of rice of the same quality. Horses, slaves, and so forth, are nonfungiblethings, because they differ individually in value, and cannot be exchangedindifferently one for another. Holl. Jur. 88.Where a thing which is the subject of an obligation (which one man is bound todeliver to another) must be delivered in specie, the thing is not fungible; that veryindividual thing, and not another thing of the same or another class, in lieu of it, mustbe delivered. Where the subject of the obligation is a thing of a given class, the thing issaid to be fungible; i. e., the delivery of any object which answers to the genericdescription will satisfy the terms of the obligation. Aust. Jur. 4S3, 4S4.

Formerly an inn of chancery. See INNS OF CHANCERY.Furor contrahi matrimonium non sinit, quia consensu opus est. Insanityprevents marriage from being contracted, because consent is needed. Dig. 23, 2, 16, 2;1 Ves. & B. 140; 1 Bl. Comm. 439; Wight- man v. Wightman, 4 Johns. Ch. (N. Y.) 343,345.

Quality control experiment. Traditionally, it is hitting a mark on a smooth, flat surface below a funnel guiding marbles dropped. Demonstrates the need to remove variation from a process or a system. Unvaried repeatability increases control and lessens the need for intervention. Reduces change to what management can manage.

Bond issuers retire outstanding bonds, especially high-coupon issues, using one annual sinking fund requirement. A repeatable, advantageous method.

Lat. A thief. One who stole secretly or without force or weapons, as opposed to robber.

Jewelry and fur insurance coverage. Regardless of location, covers all risks.

Difference in cost versus budget, where cost is larger. The reasons are myriad. An example is the cost of R&D and marketing versus revenue. Additional budget, load, ownership, and shares are all vehicles for getting the monies needed.

As an example, the money needed to pay for group medical care program. Calculating a percentage over existing premium cost for an insured program or an amount charged for anticipated claim loss and other fees, it can be the monies to cover either or both,