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The SIER Model Provides a Useful Framework for Evaluating Communication

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The SIER model provides a useful framework for evaluating communication accuracy and pinpointing the sources of problems.


Definitions:

Statute of Limitations

A law that sets the maximum period one can wait before filing a lawsuit, depending on the type of case or claim.

Interest Accrue

The process by which interest is added to the principal sum of a loan or deposit, typically over time.

Instrument Due

This term refers to the date on which a financial instrument, such as a check or note, is payable.

Bearer

A person in the possession of an instrument payable to bearer or indorsed in blank.

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