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Latham In Focus Video Series

The Book of Jargon Series – Word of the Day®

The Book of Jargon® is a series of practice area and industry-specific glossaries published by Latham & Watkins.

Occupancy Rate

a numerical value calculating the percentage of occupied or unoccupied units or rooms in a rental or hotel Property compared with the total available units. Occupancy Rate is based on the percentage of occupied units. See also Vacancy Rate.

Word of the Day®

Anode

the electrode (or electric conductor) from which electrons leave a system. In a rechargeable battery, the Anode is negatively charged when the device is being powered (galvanic mode) and positively charged when the battery is being recharged (electrolytic mode). In contrast, see Cathode.

Word of the Day®

Immunology

the science that deals with all aspects of the immune system, including the structure and function, disorders of the immune system and the humoral aspects of immunity and immune response.

Word of the Day®

Freemium

a pricing strategy that offers a basic version of a product to users for free with the goal of selling them additional features for a fee.

Word of the Day®

Umpire

a third person brought in to an Arbitration to resolve a deadlock in a Dispute being heard by two Arbitrators that do not agree.
Also a person chosen to be a permanent Arbitrator for the duration of a collective bargaining agreement.

Word of the Day®

In each episode of Connected With Latham, we discuss ideas, developments, and trends shaping the global economy.

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