Category: P

Each state is ruled by duties and rights that need to be adhered to. This is an international law that covers these rights and duties of inter-government agencies and departments.

The way a company or organisation promotes itself to the general public. It may be its workers, customers, suppliers and investors. The public relations department promotes the goodwill of the company through

Any securities and shares that are bought and sold on an organised exchange. They are bought off a document that is called a prospectus.

A economic system that shows little interference from a government body. The system is run by big business and revolves around money and capital assets. TLD Example: The election of a president who

A document that is used to conform or acts in agreement to other conditions such as in rrference to an agreement or situation. In law it applies to a how an act

The advertising expenses that is paid by a company before the task is executed.

The prepayment privelege or right is the authority given to the borrower to settle the principal balance before the payoff date, without incurring a penalty.

Products that are deemed to be of an extremely high quality, due to added benefits that the buyer will supposedly obtain from it, and thus such products are highly priced.

Stating business as the primary purpose for undertaking a travel, as opposed to pleasure. For taxation purposes, a business travel is eligible for complete deductions in transportation and half price for meals.

A device that is usually external that prints materials that are desired by the user. The use of small pixels by the printer, allows the transder of the image from the screen

The triumph of cooperation and trust and loss of a blind pursuit of selfinterest. An illustration is provided by the problem that two inmates in separate cells face. The police offers them

A term for a point to point circuit or a leased line.

The probability of all the possible outcomes of a specified action that is listed.

The sales approach taken by a salesman wherein he/she identifies the problems faced by a consumer and comes up alternative to tackle the problem through the product that is being promoted or

The processes that are involved in the creation of the final product.

It is the measure of one’s expertise in a certain subject, language or concept.

Phenomenon in which the different aspects of the project are thought over and the duration, cost and major events are discussed and main concerns are recognized and addressed.

An act by which an employer gives an employee a new position with an increase in salary, higher level of responsibilities and a new job description. The new position is always superior

This is a payment that is made to the owner or a stake holder of an investment. Share holders receive a dividend each year depending on the number of shares they hold.

This record contains any information that should be shredded before it is disposed of. All this information should be kept secret to the company and not be allowed to be viewed by