Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

Category: Finance

QUASI CONTRACT

A determination by a court about the obligation of one party to another. No actual contract exists but the agreement is similar to a contract. It is based on the conduct of

QUICK FIX

A technique used to solve problems which uses the fastest method to solve the problem. It is not necessarily the best solution but it will work before the ideal solution is found.

QWERTY KEYBOARD

A keyboard that is liek that ona type writer. The alphabet is not in order like A, B, C. The first row begins with the letters that spell q, w, e, r,

RADON

A gas that occurs naturally as the by product of the decay of naturally occuring uranium. The gas is both odourless and colourless. Although named a s aknown carcinogen by the EPA

RASTER IMAGE PROCESSOR (RIP)

A device that will translate vector images into images that can be printed by dot matrix printers, laser printers and recognised by scanning equipment. It will produce a bitmap of an image.

PREPAID DUES

The fee paid for an employee by the company for an association with a particular organization or group

PREPRESS

The steps that need to be undertaken during the preparation of the design or layout before it is printed. It includes color separation, preflight camera work, proofing, stripping, etc.

PRE-TAX

The total amount that is paid that is not inclusive of the various taxes. Such taxes are existent in all types of transactions. For example, wages, plans, investments are inclusive of pre-tax.

PRIMARY RESIDENCE

The place which is considered to be the main living location. Majority of the time is spent by the individual at the primary residence.

PRINTER DRIVER

A program on the computer that allows softwares to send commands to the printer. The driver software is unique for every model and for every operating system and as such the correct

PRIVATE BRANCH EXCHANGE (PBX)

A small telephone exhange, usually a replica that is connected to the telephone company’s exchange and is installed at the subscriber’s location. The PBX is capable of handling hundreds of telephone connections

PROBABILITY THEORY

A theory in mathematics that is used to model events that have an uncertainty associated with their occurrence.

PROCESS DESIGN

The determination of the equipments required, workflows, and implementation requirements of a specific process.

PRODUCT LIABILITY

General obligation or liability of the producer or supplier of goods and services in order to adjust for the loss associated with its utilization, such as damage of property or personal injury.

PROFIT OBJECTIVE

Stage of negotiation, when the buyer and seller deliberate upon the amount of profit.

PROJECT MANAGEMENT

A group of employees who review the principles, techinical aspect, functioning and machinary in a project.

PROMOTIONAL ADVERTISING

This type of advertising is aimed at the people who will be buying the products. It will outline any relevant discounts and sales specials that are available. It will specify the particular

PROPERTY OWNER

The individual or company that has owners rights to the property such as a block of land or building. The property owner is responsible for the payment of any rates and taxes

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This site contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.