Category: P

This is insurance coverage that will cover any harm or damage that is done to a ship’s crew and cargo due to negligence. It is carried by the owner of the ship.

A takeover fight whereby two parties are trying to overtake the current organisation or control of a company by encouraging other members to back there particular takeover bid. It is usuallyaimed at

This is the effort put in by public relations for a firm that is associated with any government agencies, pressure groups and members of the mass media.

Introduced in 1976 by Martin Hellman and Whitfield Diffie of the USA. This allows for the secure transmission of data in PGP (pretty good privacy). It is non-secret encryption which is different

The role of looking after the public’s safety. A state, federal or local organisation that looks afetr the safety og the public. It can contain memebers of variuos organisations such as EMTs,

Groups of people that are assocoiated with another group or company. The association may indirect or direct and includes groups such as students, customers, suppliers, employees and investors.

This is the comparison of the cost of an item from the previuos year compared to this current year. This method is used in cost accounting practices.

1. Internet. Data taht is sent with only an initial permission, such as regular email notififcations from various companies. 2. Manufacturing. Inventory of parts and materials to be purchased to enable production

A valued instrument such as the monthly rent for a company building, that has not yet been paid. It is usually recorded as an expense.

The risk associated with a fall in interest rates that is incurred by the lender or investor. As interest rates fall, most borrowers will pay of their loan balances and the investors

Concrete in which steel bars have an increased resistance to stress due to the compression effect created by the stretching and anchoring of it.

The disaster that is considered to be the onset of subsequent disasters.

Software belonging to the manufacturer of the printer that contains instructions for the printer on how a page is to be printed. As opposed to page description languages, PCL’s are not integrated

A regulation or law that safeguards the intention of an intention to not be disturbed, and not collate any information pertaining to him/her.

The private conduct of an individual that not of concern to the society or the government and thus does not warranty an intrusion. In contrast, public morality refers to the actions that

When subject to a specific sampling routine, it is the standard percentage of goods that is deemed to be of acceptable quality.

The technical aspects of a legal system that states the steps that need to followed while enforcing criminal or civil law.

Order in which a firm or franchiser supplies a product family to a certain dealer or franchisee who associates with the brand name of the producer. Usually product franchisees are exlusive brand

It is total revenue minus total cost. It is th amount on which the tax is levied.

Phenonomenon by which a project is bid for construction.