Category: P

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.

A person or persons who want to sell or put forward and idea for a project or a business plan to another party. The other party can decide to lend support or

The term used by real estate agents when they manage the leasing, maintaining and advertising for a particular house or business. It can include finding tenants, collecting rent monies and looking after

These are the rights that the owner of any proprietary information has. These rights are protected under various laws. In contracting situations it means all of the information the contractor uses such

This is a level of rating that is given to the amount of fire protection in an area. The rate is decided upon by the Grading Schedule of Cities and Towns. The

Also known as an indirect indicator. It is an indirect sign or measure that can approximate or can be representative of a phenomenon without the presence of a direct sign or measure.

This is a system put in place by the federal and state governments to ensure the well being of low income members of the community. It comprises of welfare services for the

The data that has been sent by Public Key Cryptography. It contains a secure data and recognition system.

The sector of an economy that is not controlled by any private organisation. This sector provides the services and goods to the public that aren’t provided by the private sector.