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

Category: Finance

PIE CHART

A circular representation of data in the form of a ‘pie’, depicting proportional area of relative sizes in comparison to a set of data. The area of each ‘slice’ is dependent upon

PILOT PRODUCTION

A line of production established in industries, or manufacturing fields in order to check whether new processes used for manufacturing will be more efficient or not.

PLASTICITY

A characteristic of any material to deform over and over again, without actually breaking apart due to the force applied.

PLUNGE TEAM

A group of different leaders, whose main purpose is to ensure that the financial market in the United States is performing up to the mark and providing investors with devent opportunity.

POINT OF SALE SOFTWARE

A software program which is used to keep a record of all the goods and services that are sold to the customer. Used to run the cash registers and computers at the

POLLUTANT

Any substance, or form of energy which has the ability to pollute the environment, causing harmful effects and damaging nature in general. It might affect natural health of plants, the quality of

POLYSPONY

An economical term which denotes a large number of buyers within a market, but no buyer is large enough to bring a change in the prices.

PORTABLE DOCUMENT FILE (PDF)

A PDF document is a file format that has been created by Adobe Systems, Inc., to be used with the Adobe Reader. It is commonly used to prevent copyright claims and allows

POSITIONING

A strategy commonly adopted for marketing purposes, in which a brand tries to occupy a distinguished position as compared to other brands, in the customer’s thoughts. Companies adopt a variety of different

POSTDATED CHECK PLAN

A plan in which all of the premiums are given out at the beginning of the year, albeit in the form of post dated checks, which are handed to the insurer who

POUR OVER WILL

A special situation under which trust is created between two or more partices, and it also includes the transfer of the assets of a will maker in to an already created trust.

PRE-AWARD SURVEY

A survey conducted to evaluate the financial, managerial and operational capabillities of any contractor, before the actual contract is awarded.

PREEMPTION

To set up a prior claim, or the right to gain an advantage before anybody else.

PREFERRED POSITION

A portion of any publication which is known to attract more attention as compared to other portions. Similarly, the pricing of the ‘preferred position’ is more than the standard charges.

OZONE DEPLETION POTENTIAL (ODP)

A relative value that is calculated in comparison to chlorofluorocarbon11, which is referenced with a value of 1. This relative value is used to determine the level of damage that a ubstance

PAGE PROOF

A page proof is a final sample of the page which is shown on the computer screen, providing proof of the final document. It is helpful because it allows the user to

PALISADES WATER INDEX

An index which is used to monitor the performance of companies and firms which are currently present in the global water industry. It was created back in 2003, with the aim of

PAPERBOARD

A paper term is a simple term (not standardized) term that is supposed ot denote commonly recycled paper. It is used primarily as material for packaging.

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