COMMERCE

shelf registration

See: shelf offering

[Last updated in January of 2022 by the Wex Definitions Team]

Sherman Antitrust Act

Sherman Antitrust Act of 1890 is a federal statute which prohibits activities that restrict interstate commerce and competition in the marketplace. It outlaws any contract, conspiracy, or combination of business interests in restraint of...

Sherman v. Sherman, 330 N.J. Super. 638 (Ch.Div. 1999)

Sherman v. Sherman, 330 N.J. Super. 638 (Ch.Div. 1999), is a case regarding who controls the disposition of a corpse, with the court applying state legislation instead of common law principles on disposition.

Background

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shipment contract

Under Article 2 of the Uniform Commercial Code, a shipment contract is one way in which buyer and seller could contract to allocate risk of loss between buyer and seller when goods or lost or damaged before the buyer obtains them from the seller and...

silent partner

A silent partner is also known as a dormant partner; an investor who becomes a member of a partnership by virtue of capital contribution, but plays an inactive role in the daily operation and management of the business. A silent partner is...

Simplified Network Application Process Redesign (SNAP-R)

SNAP-R is the online system that the Department of Commerce's Bureau of Industry and Security provides to the public. Users can submit export license applications and commodity classification requests securely through this system.

single-entry accounting

Single-entry accounting is a method of tracking business assets, liabilities, income, and expenses which records each transaction a single time. Also referred to as single-entry bookkeeping. Compare with double-entry accounting, which logs...

SLAPP suit

Strategic Lawsuit Against Public Participation (SLAPP suit) refers to lawsuits brought by individuals and entities to dissuade their critics from continuing to produce negative publicity. By definition, SLAPP suits do not have any true legal...

smaller reporting company

Smaller reporting company is a class of reporting company which has relaxed Regulation S-K and Regulation S-X disclosure requirements.

Securities and Exchange Commission (SEC) Rule 12b-2 establishes the requirements for a...

smart grid

A smart grid refers to a range of energy policies designed to reduce peak energy load.

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