Category: P

A package clause allows the borrower to combine various different loans with the actual mortgage on the home, and then fix an installment per month in lieu of all the loans.

A pageview is a single access of a page on a website by a certain visitor. There is a difference between a apge view and a ‘hit’ on a page, because the

A mythological term that is supposed to be the remedy of all illnesses and diseases. Similarly, panacea is also used to provide a symbol for something that can solve all of a

The value of a share of preferred stock, as it’s worth on the trading market.

A finished good that has been created, assembled or borne out of other parts and/ or components.

A rule which states that if a payment is made in parts, it cannot be used to satisfy for the entire sum that is due.

A regulation set by the IRS which forbits businesses to show losses that were incurred by passive activities on their balance sheets, so as to reduce the amount of taxes that htye

A loan which has passed its due date. Usually, it is referred to as a ‘past due loan’ when payments fall behind for over a couple of months, regardless of the fact

An Act that was put in to motion in September 2001, after the terrorist attacks. This act allows the government to track, and monitor all channels of communication between two individuals, for

Dividends or interest payments that must be issued to the owners of stock.

A confirmation receipt, usually physical or electronic, that provides confirmation that payment has been received.

The time of the day, or period during which the demand for goods and services is at its acme.

Any changes, claims or disputes that are related to real estate property. They must be recorded in order to register actions.

A fraction of 100. Usually, percentages are calculated by dividing 1/100 with the given value. The symbol used is %.

A decision making method which is taken with full information and perfectly logical steps, and usually aimed at maximizing the profits.

Using the base as LIFO, this is an assessment that is set on current costs which are associated with the stock which was last produced, and then allocating the costs to inventory

Any disability, or impairment, or loss of a person’s physical or mental senses, on a permanent level. Prevents a person from functioning normally.

The opposite of permeability, or a trait which prevents liquids from passing through the material.

Any part of information that is recorded about an individual person. Includes the name, email, address, ethnicity, race, identifying number, employment history, etc.

A colloquial name given to any person who administrates the field of personnel management.