Proviso – What does that mean?

In legal terms, a proviso is a thing added to an agreement or document that’s detailing the terms. For example, you may agree to buy a motorcycle with a proviso that the leather bags are included as part of the deal.

The word “proviso” has its origins in the Latin verb “providere” which means “foresee or provide” and the similarity with words like “provision” and “provide” is obvious. Proviso generally implies that getting or buying something includes conditions or is conditional. Just look at the following example. You agree to accompany your younger sister to the movies, provided (“with the proviso”) that you’ll get popcorn and a 40-ounce soft drink as well. Well, I guess that many parents could agree to this proposal “with the proviso” that your drink is no bigger than 20 ounces. Deal?

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POCH – What does it stand for?

The word POCH is used as both a noun and a verb. There aren’t that many meanings of the word or the abbreviation “poch”. In today’s language, it can stand for T-bagging and it’s also used in a derogatory way to describe a tool or a douche bag. In the Lesbian world, Poch is often used as a term of endearment to another lesbian like in “Hey poch, I’ve got a boyfriend too, but I’m a lesbian just like you”.

As in T-bagging: “Barry and I were making love last night and when I got him totally in a lock, I could have poched him entirely (putting his scrotum in the mouth)”. One more example: “There was no need for the cop to come so close to me when he had pulled me over for speeding. He could have totally poched me from so close”. In texting, “poch” is used meaning pooch.

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Arbitration – What does that mean?

Arbitration is mediation, usually in legal matters. Many people, when they’re facing legal issues, have no idea where to begin. Choosing an attorney, lawyer, or law firm for your legal needs and learning more on legal issues can well be an overwhelming task. It’s not an easy job to find all the relevant facts you need to know before you can come up with an informed decision. Most likely, you’ll be aware that the professional and personal stakes are high, often very high.

So arbitration is mediation. A mediator assists the parties in reaching a settlement of the dispute. Mediation is an effective way for parties to control the dispute process and achieve a mutually satisfactory resolution because the parties maintain control of the process, it allows the parties to maintain their relationship after the dispute is resolved, it guarantees confidentiality, and, it is cost effective.

What is Mediation?

Mediation is a voluntary process that allows people to negotiate with the help of a neutral and impartial third party. The mediator creates a collaborative problem-solving environment and helps facilitate discussion and generate options to resolve the dispute.

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Accommodate – What does it mean?

“To Accommodate” has several explanations. Let’s take a look at some of the most common meanings. In general, we can say that it means: “To provide living space or storage”. For example, “the new students will be accommodated in residence halls” or “We didn’t have enough space in our office to accommodate all of the files.

Accommodation, Accommodating, Accommodate, all meaning providing comfort in one form or another. This post is full of examples of what “Accommodate” is all about and when and how to use it.

“Accommodate” is a verb meaning to “suit” or give someone what is needed like in “The existing policy fails to accommodate the community’s disabled” and “The organization always accommodates (= helps) its clients with the needed financial assistance”.

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Accountancy – What does it mean?

Simply stated, “Accountancy” relates to the profession and/or duties of accountants. It includes the systematic process of recording, identifying, measuring, summarizing, verifying, classifying, interpreting and/or communicating an individual’s or a company’s financial information. Accountancy reveals a profit/loss overview for given periods as well as the nature and value of a firm’s or an individual’s liabilities, assets, and equity.

In the second part of this article, we’ll look at whether Accounting is an art or science, and there are good arguments for either point of view. To start the discussion, let’s look at this interesting ICC Consultant video.

It is the purpose of accounting to accurately accumulate, report, and identify all relevant financial information about an individual’s or a company’s financial position, performance, and cash flow. This information may be used for fiscal purposes, to reach strategic decisions on how to best manage a business, or for investment or lending purposes.

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Collateral – What does it mean?

Collaterals are assets pledged by borrowers to lenders, generally in return for or to back a loan. If a borrower will default on the obligation, the lender holds the right to confiscate or seize that collateral. Often, it involves valuable property that’s owned by a person who is looking to borrow money. If the debt will not be paid back to the person or company who has furnished the money, parties have agreed that the lender will become the owner of the property. This video is about collateral mortgages.

So collateral stands for something that’s pledged as security or guarantee that a loan will be repaid or to be forfeited when the borrower will default on the loan. To give you an example: “He put up/used his house as collateral for the loan” or “Mrs. Smith put her house up as collateral to get the bank loan”. In the medical field, the word “collateral” stands for a small nerve or blood vessel that’s growing out of a major blood vessel or nerve.

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Flamenco – What does it come from?

What is Flamenco and where does it come from? Well, Flamenco is a noun (plural: flamencos) that refers to a style of dancing that has its origins in Southern Spain and is the music and dance of the Gypsies from Andalusia with its characteristic Flamenco Rhythms. It can refer to both the dance, the music, the instruments, or the emotions related to flamenco. It involves vigorous actions, strong rhythmic music, hand clapping, and feet stamping.

Just check out the following Flamenco Dance Show video recorded at El Palacio Andaluz, Seville, Spain. The dignified poise, the costumes, the hand clapping, and stomping footwork are bedazzling. Watch how the castanets are clicked…

Flamenco is a style vocal and/or instrumental music originating, as said above, in the southern regions of Spain and the intense musical genre is characterized by its improvisatory elements and intense rhythm and is performed by music artists on their own or accompanied by flamenco dancers.

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Omnibus – What does that mean?

There are several explanations as to the meaning of the word “Omnibus”. First, as a noun, it is simply another word for what we call a bus, a large vehicle that carries many passengers, also referred to as coach or autobus. The word “Omnibus” contains the word “bus” and that’s exactly the main explanation of what an omnibus is. See also this British English explanatory video:

We also know “Omnibus” as a book (also noun). In that sense, an omnibus consists of a collection of books or articles by one single author or articles or books on the identical subject. You could speak of an omnibus of James Joyce’s works. and a Carol Oates omnibus would take up more space on your bookshelves than Shakespeare’s plays altogether.

Then there’s a third meaning of “Omnibus” (as an adjective). We also use the word when we want to describe something that’s covering many different subjects at the same time. We speak, for example, of an “Omnibus Bill” when relating to bills that have legislation about transportation, parking meters, or gun control.

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Dexterously – What does that mean?

People who are dexterous are good with their hands. For example, being dexterous is essential for magicians and knitters if they want to be successful. Often, the adjective “dexterous” refers to manual agility and skill but it can also refer to any clever or skillful physical movement or activity.

As an adjective, “Dexterous” means adroit or skillful in using body or hands; clever; commanding mental skill or adroitness; done or executed with adroitness or skill; right-handed. The words “Dexterous” and “Dexterously” find their origins in Latin where “Dexter” means right-hand or skillful. More spelling forms are considered correct: dexterous-dextrous (adjective), dexterously-dextrously (adverb), and dexterousness-dextrousness (noun).

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