Technology / Computers / Standby: An optional operating state with diminished power consumption. Of all the reduced power states, it uses the least power reduction but has the quickest recovery time.

Standby Fee

Business / Finance / Standby Fee: An agreement between a corporation and investment firm that the firm will purchase whatever part of a stock issue that is offered in a rights offering that is not subscribed to in the two- to four- we MORE

Standby Commitment

Business / Finance / Standby Commitment: In a rights issue, agreement that the underwriter will purchase any stock not purchased by investors. MORE

Standby Takeout Commitment

Business / Real Estate / Standby Takeout Commitment: An agreement by an interim lender to advance funds to take out a construction lender. MORE

Standby Time

Technology / Cell Phones / Standby Time: The amount of time you can leave your fully charged cellular portable or transportable phone turned on before the phone will completely discharge the batteries. See Talk Time. MORE

Standby Agreement

Business / Finance / Standby Agreement: Also called the normal deviate, the distance of one data point from the mean, divided by the standard deviation of the distribution. MORE

Quiescent Current

Technology / Home Audio / Quiescent Current: The term given to describe the amount of current consumed by a circuit when it is not performing any work (sometimes referred to as standby current). MORE