Category: P

This is carried out by a country in order to protect its own products against the importation of inferior and cheaper products. This is done by placing high duty tarrifs on goods

This is a temporary rate that can be adjusted at any time in the future. It is not a set rate and be a rate that is later altered to a diferent

A tool used by analysts of market research. To produce a customer profile for a product. A series of questions are asked that the customer agrees or disagrees with and this is

This is a not for profit organisation that oversees all auditors providing services to publicly traded companies. It is the result of accounting scandals by securities company Enron and Worldcom. The act

Each state is ruled by duties and rights that need to be adhered to. This is an international law that covers these rights and duties of inter-government agencies and departments.

The way a company or organisation promotes itself to the general public. It may be its workers, customers, suppliers and investors. The public relations department promotes the goodwill of the company through

A storage facility that is made available to anyone who would like to store any sort of goods. Any person or company can use the storage.

Lists of jobs that have not been completed by a contractor before he is due to be paid. All items must be completed before the contractor is paid the rest of his

This is a document that is used to record all stock that has been returned by a customer. The customer has the returned the stock item and been given a refund or

The ability of a person to purchase goods. Also known as buying power and relates to the amount of money available to purchase goods. The purchasing power related to exchange rate of

The removal and subsequent destruction of files from an active file. These files are no longer used for some reason and have become inactive and need to be removed. These files will

This a network of marketing that is illegal in most countries. In order to sell retail products a person has to pay a joining fee. Only the person initiating the scheme makes

The fees charged by a company that is a part of a recognized organization. An example of such fees would be the rental fees charged by a rental company for the upkeep

A penalty imposed on the borrower for the complete settlement of the loan before the expected payoff date. It is means of compensation for the lender as the potential interest income is

The income that is due to an investor at a future date.

A nonprofit organization with members constantly striving to affect political or corporate decisions to achieve a specific target. As opposed to interest groups who try to defend a cause, pressure groups promote

The earnings of a stockholder per dollar invested before taxes are taken into account. It is the product of net worth and pre tax income.

The maximum permissible price for a product or service.

The price set by the customer to the broker for the execution of a trade.

The variation in the prices of goods and discounts depending on the order size.