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

Category: Finance

PIGGYBACK MARKETING

An initial marketing strategy that is pretty low costing, since it involves two, or more than two firms, who will market each other’s products in the right markets for maximum publicity.

PISCAN DOCUMENT

The Piscan document states that all debits must be equal to credits.

PLANOGRAM

An drawing created by shopkeepers in order to get a better idea of how to effectively manage space on shelves.

PLEA IN BAR

An answer given by the defendant which completely defeats all actions/ charges levied by the plaintiff.

POINT OF CONTACT

A perons, or any platfororm from whom people can gain guidance, and he can be the coordinator.

POKA YOKE

An approach adopted by the Japanese in order to make their manufacturing processes free of any manufacturing defaults, and to provide exceptional customer service. Visual signals are employed in order to determine

POPUP AD

A new browser window that pops up when the user clicks on a new link. Generally an attempt at spam. Can be easily closed.

POSITIVE REINFORCEMENT

A strategy in which encouragement, the incentive of a reward or challenge might be enough to convince a person to achieve his/ her goal.

POT LIFE

The period of time for which a couple of different reactive chemicals can be used, after they have been mixed together.

PREFERENTIAL LOAN

An initiative taken by the government in order to bring about an increase in the capital investment. This is done generally in poorly developed areas.

PREMISE CONTROL

A proper analysis and identification of the information/ assumptions which form the basis of any plan. It is used to check if any changes need to be made.

PRE-OPENING EXPENSES

Costs that are charged before a firm actually opens for business, usually in the setting up and promotional activities.

PACKET

It is a term that is used for a little piece of data that is sent over a network. Might be a LAN, WAN or MAN. ‘Packet’ data includes several bits of

PAID UP

Any loan that has been paid for in full, any obligation that has been discharged or the prices that have been paid for are regarded as the paid up loans.

PAPER ASSET

A paper asset is one that is recognized on the balance sheet, but it is of no use to the company, nor can it be sold for financial gain.

PARADOX OF VALUE

An observation which states that goods that are crucial to the upkeep of a person and critical to their life, such as water, are usually much cheaper, while on the other hand,

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