Legal Compliance Terms

noun a person or agency responsible for collecting unpaid bills or debts

• The bill collector called to remind me about the outstanding balance on my credit card.
• I hate when the bill collector keeps calling me about my overdue bills.
• I dodged the bill collector by pretending I wasn't home when they came knocking.
• The bill collector of life always seems to show up when you least expect it, demanding payment for past mistakes.

noun the position or status of being a director, especially of a company or organization

• He was offered the directorship of the company after years of hard work and dedication.
• They gave him the directorship because he's been here the longest.
• He scored the directorship gig at the new startup.
• Taking on the directorship was like stepping into a whole new world of responsibility.

noun a warning or advisory message

adjective serving to warn or advise

• The monitory letter from the bank reminded him of his overdue payments.
• I received a monitory email from my boss about the upcoming deadline.
• She got a monitory text from her friend warning her about the party.
• The dark clouds in the sky served as a monitory sign of the impending storm.

noun an act or instance of following a custom, rule, or law

• The observance of religious holidays is an important tradition in many cultures.
• I always make sure to attend the observance at the local community center.
• Let's skip the observance and just hang out at home instead.
• His observance of the rules was impeccable, always following them to the letter.

noun a flag that is red in color, typically used as a symbol of warning or danger

• The presence of multiple discrepancies in the financial report raised a red flag for the auditors.
• When he didn't show up for our date without any explanation, that was a red flag for me.
• Her constant need for attention is a major red flag in any relationship.
• The sudden drop in sales is a red flag that something is not right with our marketing strategy.

noun a race or other contest for which the prize consists of the stakes contributed by the various competitors

• Participants can enter the sweepstakes by filling out an entry form.
• Hey, have you entered that sweepstakes yet? You could win some cool stuff!
• I never win anything in those sweepstakes, it's just a waste of time.
• Winning the sweepstakes felt like hitting the jackpot.

verb to remove from a list or index, especially a stock exchange listing

• The company has decided to delist their shares from the stock exchange.
• I heard they're going to delist that product from the market.
• They're planning to delist that stock, it's not doing well.
• She decided to delist him from her life after the betrayal.

noun the action of selling something to someone in a misleading or dishonest way

• The financial advisor was accused of mis-selling investment products to unsuspecting clients.
• The salesman got in trouble for mis-selling insurance policies to customers.
• The agent was busted for pulling a mis-selling scam on his clients.
• Her mis-selling of the idea led to a disastrous outcome for the project.