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

Category: Finance

PHISHING

An act of illegally gaining access to a computer, stealing private information and then utilizing that information for harmful activities. Phishing is usually popular through various email frauds and internet related activities.

PHYSICAL SAFEGUARD

A safety measure that is taken in order to prevent oneself from harm/ injury that might be caused due to the surroundings. For instance, placing a burglar alarm is a physical safeguard

PIGGYBACK COMMERCIAL

A couple of commercials, which are aired within a single time slot, so as to market an advertiser’s products.

PIPELINE STOCK

Stock that has departed the firm’s warehouse, but is yet to be sold to the customers, and hence, is in the ‘distribution pipeline’.

PLANNING CONTINUUM

A series of different steps and decisions that are taken in order to identify goals, objectives and needs, and then plan a way to achieve and fulfill those needs.

PLAYBACK STABILITY

The amount of years through which data can be recovered on any magnetic disk or tape, without any errors.

POINT AND FIGURE (P&F) CHART

A chart which is made to show the fluctuations in bond prices, prices of commodities, stocks and the like. Time is ignored in this chart. The primary focus lies on changes. Hence,

POISSON DISTRIBUTION

A probability distribution method which expresses the probability of events per unit time. In contrast to normal distribution, Poisson is asymmetrical, tilting towards the left side of the median. It is primarily

POLLUTION PREVENTION

Methods of identifying, decreasing or eliminating activities that are responsible for causing pollution within the environment.

POPULATION GROWTH

The increase in the number of people that reside within a state or country. The formula used to calculate growth is (death rate + emigration) (birth rate + immigration). TLD Example: The census

PORTFOLIO MANAGEMENT

Management of different investment vehiclesthat are chosen on the foundations of proper investment objectives, such as capital enhancement, income, etc.

POSITIVE LAW

Legislature that consists of guidelines, statutes and codes which are imposed upon a country. It is dissimilar to natural law.

POSTRETIREMENT BENEFITS

Compensation or extra funds that are allocated to a person’s account for the services they rendered to any institution or organization, once they have stopped working.

PRECISE

Close to a certain point; minutely exact.

PREFEASIBILITY STUDY

When large projects are to be constructed, a prefeasibility study is carried out in order to decide whether or not the project will be worth proceeding with or not.

PREMATURITY

A situation in which the claim launched by the plaintiff hasn’t fully grown to become an actual claim.

PRE-MONEY VALUATION

The evaluation of the value of a firm, before it is sold. Valuation is done by issuing new shares, and then multiplying the price to earnings ratio by the periodic earnings of

PACKAGED GOOD

Any consumer item that is properly packaged. This might include food, groceries, etc. All packaged goods have a range of different prices, are commonly used and are available easily throughout any retail

PAID FAMILY LEAVE (PFL)

A paid family leave is regarded as time given off from work with payment in full to provide care for another member of the family, a birth or time to take care

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