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

Category: Finance

QUASI EQUITY

A type of non-secured debt. A debt that is consideredd to have some equity traits or collateral.

QUICK RESPONSE

A partnership strategy thatb results in a quick turnover for orders. The main aim is to reduce the rsponse time to a bare minimum and still supply the required products. Usually between

RACIALISM

Similar to racism where a person is deemed inferior because they belong to a different race of people. That race is a determination of the behaviour that is seen in human beings.

RADON PROGENY

A short-lived decay product or radon 222. the isotopes are from the decay from bismuth 214, known as radium C, lead 214, known as radium B and polonium 214 and 218 that

RASTERIZE

The adjustment of a computerised image so that it can be printed by a dot matrix printer or laser printer. The image will be adjusted in such a way that it becomes

PERISHABLE

Any item which has the ability to lose its value if it is not properly stored, or used up within a given period.

PERMANENT RECORD

A document which retains its legal, administrative and historical value without any timeframe.

PERSONAL ASSETS

Any articles that possess value, such as real estate, cash, and jewelry, etc.

PERSONAL USE PROPERTY

Any property that can be utilized for personal use. Examples include clothing, vehicles, furniture, etc.

PETER DRUCKER

A management consultant, as well as writer, who is known to have come up with the concept of management in the modern era, also known as the ‘Father of Modern Management’. He

PHENOLS

An organic compound, which is produced as a byproduct of the refinement of petroleum, dyeing of textiles, manufacturing of resins, etc. Phenol can be toxic if produced in a higher concentration.

PHOTOSYNTHESIS

A naturally induced process by which plants make their own food. The presence of oxygen and sunlight is very important for this process to take place. Photosynthesis is the reason for the

PICTOGRAPH

Data that is presented through the use of pictures, symbols, etc. as well as common graphing features, such as points, lines and bars, etc. Commonly referred to as a pictogram too.

PILFERAGE

Pilferage means the stealing of inventory, or shoplifting. Pilferage also means insurance provided for marine goods, however not necessarily provided by the standard policies.

PLACEMENT

Placement means to sell securitie toany investor, such as a bank or any foundation.

PLASTIC MONEY

A term commonly associated with credit cards, debit cards, NFC technology, etc.

PLUG IN

A small program made to add new features to an application that has already been created by another party. For instance, there are lots of third party plugins available for Adobe Photoshop.

POINT OF SALE METHOD

A method used in accounting in which the revenue is recognized as soon as the title is transferred to the buyer.

POLL

A survey conducted in order to determine the opinion of the public, and how it feels regarding a certain event/ person, etc.

POLYPROPYLENE (PP)

A plastic that has a very smooth surface, and can be cracked easily, but is resistant to scatches. It is commonly used for the manufacture of battery cases, straws and other items

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