Category: P

This is a theory that states that all of the liabilities as well as the assets of a company are the responsibilities of the owner of the business. No one else is

This is a model of the final product that is able to do eveything that the finished product will do. Usually made to show prospective sponsors a product and all of its

A company started in Newark, New Jersey in 1875. A financial services company with many subsidiaries that operates across the USA and in 30 other countries for its clients.

This file contains sets of documents that the general public are allowed to see. There is no restriction on who can look at these documents.

A notice providing information for the public that is widespread throughout all types of media. It will be in newspapers, on radio braodcasts and television broadcasts. It includes items such as Lottery

A fund of money whose principal and interest monies are available for the benefit of the public. It does not benefit a single individual or company.

A way of advertising a product before it is made available to the public for sale. This will create a demand that otherwise might not exist. The item will be advertised in

An economic concept of the rate of theorertical interest That rises in a market of loanable funds. In this situation a perfect rate of competition and certainty applies. That is, there is

Issued by a company that says it will buy back stock at a set price and that price will not change in the future. The price will remain set for a period

The fee paid by a company for occupying and utilizing a property for its business operations.

In the event that an employee dies before officially retiring, the preretirement death benefit pension plan is designated to the deceased.

The wages, both trade and public work, that workers in a particular area are paid. It is expressed in hourly wages and is inclusive of overtime wages and benefits.

The 4 components that are used to determine the mortgage installment on a property that is payable on a monthly basis. It can used in two ways: (1) Before the loan approval:

The requirement of an approval from the state before the interest rate is changed.

The individuals responsibilites for mortgages and other similar liabilities.

As opposed to nationalization, privatization is the sale of enterprises owned by public companies to private companies.

Greater than the normal probability of an event occuring.

A contract that states the goods or services that need to received. The basis for a procurement action is based on this. The procurement request package also includes the statement of work

Manufacturing process, including different stages of design, produce, distribute and service are known as production system.

Gradual movement towards the objective of a task.