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GLOSSARY
The standard deviation (risk) of active return. This is also sometimes called the tracking error.
GLOSSARY
Actively approaching individual customers through advertisements.
GLOSSARY
A functioning satellite that receives and transmits or retransmits radio-communication signals to or from a base station.
NEWS
Employment analysis: By making untruthful statements to their employer designed to cover up their own wrongdoing, an employee may fundamentally breach their employment contract, justifying their summary dismissal, even though that employee may have no proactive, positive duty to self-report in relation to their own misconduct, according to the EAT.
GLOSSARY
1 The rate at which radioactive material disintegrates or decays per unit time. The units can be measured as either a Curie (Ci) or a Becquerel (Bq). 2 An activity involving radioactive material that requires a Licence.
PRACTICE NOTES
This Practice Note explains what an activity direction under the Children Act 1989 (ChA 1989) is and when one can be given and what an activity direction may include. It also explains what activity conditions are and when and on whom they can be imposed. It also deals with the court's ability to request that the Children and Family Court Advisory and Support Service (Cafcass) monitors compliance with an activity direction, condition or order. Child arrangements orders A child arrangements order means an order relating to: • whom a child is to live, spend time or otherwise have contact with, and • when a child is to live, spend time or otherwise have contact with any person Standard orders have been issued in relation to private law children proceedings, including as to directions and final orders, the use of which is not obligatory, but is strongly encouraged. See Practice Note: Standard orders—private children. The standard orders include: • Order 7.2—Private Law Case Management Directions and Orders Precedent Library • Order 7.8—Private Law Direction on Enforcement Application The
GLOSSARY
List of activities the contractor expects to carry out in completing the works.
NEWS
Law360: The Court of Appeal (CoA) refused on 13 March 2026 to reopen a Christian actor's discrimination claim against a theatre company that dropped her from a musical production of 'The Color Purple' over an anti-gay social media post.
NEWS
Law360, London: Film and television performers in the UK have voted to refuse to have digital scans on set in a bid to stop their voices and likenesses being replicated through artificial intelligence.
GLOSSARY
Actual authority is the real power an agent has to act for a principal because the principal has agreed to it. In practice, it arises by express agreement (for example, a board resolution, power of attorney or mandate) or is implied from conduct, the agent’s position, customary practice, or a consistent course of dealing.It is a case law concept across England & Wales, Scotland, Northern Ireland and Ireland, and is broadly consistent in all four jurisdictions. Actual authority is distinct from apparent/ostensible authority. If an agent acts within their actual authority, the principal is bound to the transaction and the agent is entitled to an indemnity; if the agent exceeds it, the principal is not bound unless there is ratification or apparent authority applies.In company law, actual authority commonly derives from the articles, board delegations and internal authorisations. Companies Act 2006, s.40 protects third parties dealing in good faith with UK companies, but does not itself confer or define actual authority; it addresses external validity, while actual authority governs internal capacity and the agent’s duties. Similar principles apply in partnerships and LLPs. Actual authority can be limited or revoked and may terminate on events such as insolvency or loss of capacity.
GLOSSARY
Any injury calculated to interfere with the health or comfort of the victim. It does not need to be permanent but it must be more than merely transient.
GLOSSARY
The set of assumptions used by the actuary in an actuarial valuation or other calculations by the actuary (for example, rates of return, inflation, increase in remuneration, dividend increases, and mortality).