Category: P

A legal principle which states that if the owner of any property is getting construction done on it, the owner will stand responsible for any injuries that occur during the construction.

A term commonly used in European countries, depicting hotel lodging or accommoding in a guest house.

When the rental amount is calculated at a certain fraction of the sales that are generated by the leased property, that commercial lease is known as a percentage lease.

Removal of doubt or dispute linked to the title of any real estate.

A report published at a fixed interval, summarizing the events that occurred during that period.

A fixed location from where business operations take place. Examples include offices, workshops and factories, etc. Taxes are charged on the permanent establishment if a business intends to perform for a longer

To persist and overcome a number of issues to achieve a goal. Usually includes physical, or mental barriers.

Generally a paid leave given to a person in case of any personal reason (death of a loved one, birthdays, important events, etc.)

Spread over a large area, either metaphorically, or in a literal manner. For instance, rumors can be quite persavive amongst people.

A scale used to measure the alkalinity and acidity of any substance that is soluble in water. The pH values are given from 1- 14. 7 is regarded as the neutral point,

A set of certain numbers which are assigned to a telephone or mobile phone. A person can dial those numbers through a mobile or telephone, and get connected to another telephone or

A quantitave estimation taken to analyze all of the requirements which must be fulfilled for any production process to take place. For instance, the requirements of the machine, the method of calculating

Two loans taken on the same property. For instance, a first mortgage as well as a second mortgage. Obviously, the second loan is smaller in size.

A theory which states that corporations that give all of their interest gains, dividends as well as capital gains to shareholders should not have to undergo taxation at the corporate stage.

The estimated costs that might be incurred during the implementation of a plan. A planning estimate is usually derived from the provided information, and can be based upon various planning factors.

An agreement set up between the plaintiff and the defendant to come to a resolution about a case, without ever taking it to trial.

A prediction made on the basis of general math, usually restricted to a singular value.

The ratio of the reduction in thickness of any body which is being pulled in order to bring about an increase in its length.

A derived chemical from byphenyl, usually created by replacing hydrogen atoms with clorine atoms in a benzene ring. Some of the common applications include flame retardants, plasticizers, etc.

A movement, usually in politics, in which a politician claims to represent the sentiments of the people. Usually, a populist will try to represent the claims of the oppressed population.