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

Category: Finance

PITCHBOOK

A guidebook set up by a fund manager, which can be used to provide instructions regarding the investments that should be made by potential investors, and the kind of investments that the

PLANT LEDGER

An accounts ledger that must be maintained by the plant, detailing all of the information on a certain asset.

PLIMSOLL MARK

A small mark painted on the side of a ship, usually depicting the maximum point to which they can be sunk in water when full. Usually dependent upon place season as well

POINT OF ORIGIN

The beginning point of something; the location from which a shipment is dispatched.

POLICY STATEMENT

A white paper which lists out all of the different ways that an organization will adopt in its daily affairs. Check policies and procedures.

POLYMER

A compound with a significantly large molecular weight, meaning it has a lot of simpler molecules of a simlar type. Examples of polymers include a lot of different common plastics.

PORCUPINE PROVISION

Methods adopted by large scale companies in order to secure themselves against a hostile takeover.

PORTFOLIO TURNOVER

The period of time it takes for any investment to get funded, until it is sold off or repaid.

POSITIVISM

A concept which states that only the knowledge of science is the one true knowledge of this world which can be perceived by an individual. It was established by Francis Bacon, a

POTENTIAL DOSE

A potential dose is the total amount of chemical that is present within any substance (liquid or solid) that has been swallowed by an individual.

PREDATORY LENDING

The use of several methods of lending, usually shady, which are used to gain unlawful benefits from borrowers.

PREFERRED BIDDER

A bidder who has been preferred over others, by a company who is holding an auction.

PACKET INTERNET GOPHER (PING)

PING, as it is commonly known is a technique that is used to check out the response time of any internet connection. A request is sent to any website and then a

PAID-UP CAPITAL

Paid up capital is the amount that provides the capital on stock which is kept in possession by the stockholders.

PAPER COMPANY

Any company that has no operations, but has a proper constitution, fully formed legal documents, little to zero assets and is registered is regarded as a paper company.

PARALLEL ACTIVITIES

Activities or tasks that can be performed concurrently, or simultaneously. Performance of either task remains unaffected.

PART-TIME

Failing to meet the standards of full- time. Usually, this means to work for a fraction of the period of time that was actually allotted. For instance, if the job requirements are

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