Category: P

A concept of economicts, put forward by Arthur Cecil Pigou, a classical economist. The Pigou effect states that due to a significant decrease in the prices of proudcts, a ‘wealth effect’ would

A feature provided in various spreadsheet programs, allowing the spreadsheet to be view from a variety of different arrangements in order to depict the same data.

A test carried out for plants in which each portion of the plant is carefuly defined and pondered upon, in order to check the coordination between the different materials.

Plug and Play is a term used for a feature in personal computers, which allows them to recognize any device that has been ‘plugged in’ to a computer. Examples include monitors, keyboards,

A location at which the risks and rewards of a certain product are transferred from one person to another.

The control given through power of position held by influential political personnel. Might give them the authority to appoint an individual to an office, allow or refuse participation in any formal group

A set of different compounds which are created from solid aromatic hydrocarbon anthracene. It generally consists of three differently fuzed rings of benzene, and is commonly applied for manufacturing dyes.

The place where goods are departed from the country which is exporting them.

The exposure of any investor who trades in securities or commodities, which is stated as the amount of items that he/ she owes.

An office built to dispatch and receive letters from any national or international location. On a general note, most post offices are regulated, finances and maintained by the federal government.

The projected GDP that can be produced if all the resources within an economy were put to full use.

Any buyer who has a positive credit rating can be pre approved before they go home shopping. The lender generally checks the credit history before determining whether a loan should be granted

Profit gained before depreciation is levied on the account.

The total amount of profit, that is taken from the preferred stock of the company. The preferred equity does not take in to account any profit brought in through other investments.

A loan that is given by the insured party to the insurer.

Packing is a term that denotes the preparation of a product/ item for shipping or transportation purposes. Various methods might be used for packing, such as proper packaging, cushioning, water proofing, marking,

Paint is a solution which consists of a binder, a mineral solvent (usually water) as well as colored pigment, which is applied to various surfaces. It sticks to the surface, and ca

Any legal document that has monetary value, such as postal orders, checks, cash, as well as promissory notes and any other bills of exchange. Usually, paper money can be easily liquidated.

A value that can be defined, measured, is constant but can have variable properties, values or dimensions. A parameter is chosen commonly from a set of data, as it is important to

A law which states that work is spread over the time given for its completion. It states that a large sized bureaucracy will generate for itself a significant amount of work in