Category: P

Someone who sketches out the functioning, along with organisation of relevant resources required to accomplish a project.

This is a discount that is used in times of slow business that will hopefully increase business over this period. It can be a discount on the full price or include other

The part of a property or company that is owned by an individual. The proportion owned is a ratio of the whole. For example an employee may have a number of shares

This is money that has been drawn by the owner of the meet to meet personal needs at the time. It is not for business purposes and will be taxed at an

This is security option that gurantees the owner will receive a certain minimum amount of proceeds derived from sales above the exercise price. This is purchased when the owner has shares in

A document that lists all matters that are up for voting at the organisational meeting. Accompanies a proxy solicitation.

This is an insurance cover that protects against an employees dishonesty during work practices. It is usually used to for money and securities that have been stolen by the employee from the

A law that was put into the Congressional Act in 1954. If insurance has been regulated properly at a state level it is not subjected to any anti-trust laws at a federal

An alternate name for a public switched telephone network.

1. Internet. Data that is asked for by a recipient is pulled by them to their computer. Push is when they receive information that is sent to them. 2. Production. The generation

The domination of one company that supplies the majority of a product to the public. This company will distribute all of one product as it has out priced the competition and is

A company that has been taken over by a larger or another company and has transferred all of its accounts onto the company that has taken them over.

Charges for Air or Ocean Freight that is paid for by the exporter at the port of origin, for which the importer has already made the payment. The failure for a shipment

Before the commencement of the bidding process, this stage is undertaken to ensure that the bidder has sufficient resources to take part in the bid.

The reduction or elimination of contaminants, or altering the nature of the wastewater before it is discharged.

The interest rate that a bank’s top customers are charged. This rate is a standard that is used to compute the interest rate for the financial institution’s other borrowers.

As opposed to the 500 sheets contained in a normal ream, the printer ream has 516 sheets, taking into account the waste incurred during printing and paper handling.

A private sector firm whose operations are executed by private individuals.

An industry that is composed of private companies. The corporate sector and the personal sector are encompassed in the private sector and they are responsible for the allocation of the majority of

The error associated with providing estimates for a sample that is from a normal distribution. It is the product of the standard error and 0.6745.