Category: P

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

Sizes specified by the American National Standards Institute. Used primarily in a number of Caribbean countries, Canada and US, their dimensions are as follows: (1) 25 x 38 inch (2) 23 x

An analysis taken to describe, analyze and examine the different relations amongst various parameters, for e.g. schedules and costs.

A contract made solely on word of mouth. Or, a partially written contract; collateral contract or an express contract that is not based upon a deed.

Named after Blaise Pascal, Pascal is the metric unit used to measure the pressure of anything. It is defined as the newton force per meter (squared).

Any sentence, or quote, etc. which can be remembered easil. It is used on a common basis as a replacement for a password.