The noun STRATIFICATION has 5 senses: 1. the act or process or arranging persons into classes or social strata. 2. the condition of being arranged in social strata or classes within a group.3. forming or depositing in layers. 4. a layered configuration. 5. the placing of seeds in damp sand or sawdust or peat moss in order to preserve them or promote germination. Familiarity information: STRATIFICATION used as a noun is common.ouns denoting acts or actions. Hypernyms (stratification is a kind of...): assortment; categorisation; categorization; classification; compartmentalisation; compartmentalization (the act of distributing things into classes or categories of the same type).
The business entity concept, also known as the economic entity principle, states that all business entities should be accounted for separately. In other words, businesses, related businesses, and the owners should be accounted for separately.
The concept of the exclusive economic zone is an essential element of the package of compromises and trade-offs that constitutes the 1982 Convention on the Law of the Sea.he rapid and widespread acceptance of the economic zone concept as reflected in national legislation indicates that it has become a permanent feature of modern international law of the sea. What was once a revolutionary idea with few supporters is now considered by some to be a part of customary international law.