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Friday - February 10, 2012

In my view, the Christian religion is the most important and one of the first things in which all children, under a free government ought to be instructed.. .No truth is more evident to my mind than that the Christian religion must be the basis of any government intended to secure the rights and privileges of a free people.
- Preface

1828 Noah Webster Dictionary
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In celebration of Noah Webster's Birthday (October 16, 2009), we have prepared an updated website.
Please update your bookmarks: http://www.1828-dictionary.com/d/word/term

term

TERM, n. [L. terminus, a limit or boundary.]

1. A limit; a bound or boundary; the extremity of any thing; that which limits its extent.

Corruption is a reciprocal to generation, and they two are as nature's two terms or boundaries.

2. The time for which any thing lasts; any limited time; as the term of five years; the term of life.

3. In geometry, a point or line that limits. A line is the term of a superficies, and a superficies is the term of a solid.

4. In law, the limitation of an estate; or rather the whole time or duration of an estate; as a lease for the term of life, for the term of three lives, for the term of twenty one years.

5. In law, the time in which a court is held or open for the trial of causes. In England,there are four terms in the year; Hilary term, from January 23d to February 12th; Easter term, from Wednesday, fortnight after Easter, to the Monday next after Ascension day; Trinity term, from Friday next after Trinity Sunday to the Wednesday, fortnight after; and Michaelmas term, from November 6th to the 28th. These terms are observed by the courts of king's bench, the common pleas and exchequer, but not by the parliament, the chancery or by inferior courts. The rest of the year is called vacation. In the United States, the terms to be observed by the tribunals of justice, are prescribed by the statutes of congress and of the several states.

6. In universities and colleges, the time during which instruction is regularly given to students, who are obliged by the statutes and laws of the institution to attend to the recitations, lectures and other exercises.

7. In grammar, a word or expression; that which fixes or determines ideas.

In painting, the greatest beauties cannot be always expressed for want of terms.

8. In the arts, a word or expression that denotes something peculiar to an art; as a technical term.

9. In logic, a syllogism consists of three terms, the major, the minor, and the middle. The predicate of the conclusion is called the major term, because it is the most general, and the subject of the conclusion is called the minor term, because it is less general. These are called the extremes; and the third term, introduced as a common measure between them, is called the mean or middle term. Thus in the following syllogism.

Every vegetable is combustible;

Every tree is vegetable;

Therefore every tree is combustible.

Combustible is the predicate of the conclusion, or the major term; every tree is the minor term; vegetable is the middle term.

10. In architecture, a kind of statues or columns adorned on the top with the figure of a head, either of a man, woman or satyr. Terms are sometimes used as consoles, and sustain entablatures; and sometimes as statues to adorn gardens.

11. Among the ancients, terms, termini miliares, were the heads of certain divinities placed on square land-marks of stone, to mark the several stadia on roads. These were dedicated to Mercury, who was supposed to preside over highways.

12. In algebra, a member of a compound quantity; as a, in a+b; or ab, in ab+cd.

13. Among physicians, the monthly courses of females are called terms.

14. In contracts, terms, in the plural, are conditions; propositions stated or promises made, which when assented to or accepted by another, settle the contract and bind the parties. A engages to build a house for B for a specific sum of money, in a given time; these are his terms. When B promises to give to A that sum for building the house, he has agreed to the terms; the contract is completed and binding upon both parties.

Terms of proportion, in mathematics, are such numbers, letters or quantities as are compared one with another.

To make terms, to come to an agreement.

To come to terms, to agree; to come to an agreement.

To bring to terms, to reduce to submission or to conditions.

TERM, v.t. To name; to call; to denominate.

Men term what is beyond the limits of the universe, imaginary space.













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February 10, 2012
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Innovation is a key driver of entrepreneurial activity. Innovation from an entrepreneurial perspective is conceptually defined using the complementary views of Austrian economists Kirzner and Schumpeter. Incremental innovation is defined as entrepreneurial activity from Kirzner's perspective -- exploitation of awareness of market disequilibrium which appropriates value: market-sensing, customer-linking. Radical innovation is defined as entrepreneurial activity from Schumpeter's perspective -- exploration as a market-disequilibrium "creative destruction" which creates value: market-making, customer-driving. From a firm's perspective, innovation research in marketing addresses three fundamental questions: What is an innovation? What innovations are most valuable to a firm? How do innovations influence the competitive marketplace? From an entreprenuerial perspective, I address these fundamental questions.
Monte J. Shaffer is a fourth-year Ph.D. student and job market candidate (2011) in the Department of Marketing at Washington State University. Monte is currently working on his marketing dissertation in Entrepreneurial Innovations. Prior to joining Washington State University, Monte received a Bachelor in Mathematics / MBA in Marketing from Brigham Young University (BYU) in Provo, UT.
"Monte from Montana" was born and raised near Glacier National Park. He is a strong, sober mind that likes to solve problems in order to help people. Following in his father's footsteps, he began teaching high school mathematics (BYU: mathematics with minors in Physics and Spanish). The excitement of the dot-com era led Monte to Monterey California where he became a Senior Software Engineer doing web-application development for an Internet Company. Following the bubble-burst, he returned to BYU (MBA: Marketing Research). Monte is concurrently working toward his Ph.D. in Marketing and a M.S. in Statistics at WSU in Pullman, Washington. Generally, he likes to identify innovative statistical techniques that can help solve marketing problems. Specifically, his interests are in Entrepreneurial Innovation, U.S. Patent Data, and Internet Consumer Behavior. Outside of Marketing, Monte enjoys his family, a good game of basketball, golf, and chess.
0.012219190597534|February 10, 2012 => 3:45 am