Category: P

A retirement procedure in which older working employees are gradually led to retirement. The process is such that the working hours are reduced gradually over a period of time, until finally a

A software developed by Adobe Systems Inc. used primarily for editing photos. It contains a variety of filters and effects, as well as tools which can be used to manipulate a picture

A cleaning method used for removing the dirt off metals. Generally, a powerful acit is used at 80 degrees Centigrade, in order to to remove rust, dirt, or oil.

A method used for fixing the consequences for a certain group or society, or to fix the negative externalities of any company or industrial sector. Extra taxes are levied on the companies,

The location where a business is actually located; where most of the business activities, as well as their records are kept.

An estimation which depicts the amount of money it will take to manufacture a certain item within a certain department of the company.

Any piece of hardware that is compatible with a certain kind of outlet, or socket without any modification.

A marketing display set at the point where maximum sales are made; useful for promotional campaigns, etc.

Political partices, pressure groups or influential political individuals are known as political forces.

An economical term, used to refer to a situation in which the number of buyers far exceeds the number of sellers.

A place from where a consignment has begun its carriage by sea.

The authority/ influence that is given to the individual who possesses an office or is given a position.

The antonym of ante date, ‘post date’ is any date that lies in the future.

The total amount of money which needs to be paid to any contracting party that fails to perform to the injured, or aggrieved party.

A type of trading, considered illegal, in which participants within the market arrange between themselves regarding how they are going to perform in the future.

Maintenance work that is carried out on a certain item/ machine/ building, etc. before it is actually required. Generally done so as to keep the system working in a top notch condition.

A theory which states that individual investors generally have a preferred limit of lengths when it comes to the maturity of any bond, and an investor is only liable to go out

A notice issued in order to provide the exact date on which a premium will become payable.

The layout of a page determines the text, pictures as well as the various other aspects and positions on which they will be printed on the page.

A paired comparison is usually a method in which a certain employee, and his/ her job is compared with another employee of a similar post, and his/ her job. Usually, such paired