Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

PEER PERFORM

In case a security is expected for the provision of returns, which are consistent to that of other companies operating within the same sector, analysts usually give the peer perform investment rating.

PEER REVIEW

A detailed review/ thorough analysis of the performance and capabilities of a member of the peer group. Made by experts from the same peer group only.

PEER REVIEW ORGANIZATION

An organization of physicians that are hired exclusively by the federal government in order to analyze and review the services offered to any Meidcare subscriber.

PEEST

An abbreviation of Political, Economic, Environmental, Scientific or Technological Forces that might affect any organization.

PEGY RATIO (PEG)

The ratio of measurement which determines how well a stock is performing on the trading market. The formula is to take the total earnings per every share and the ndividing it by

PENAL CODE

A compiled list that describes and defines all of the offenses, as well as the law which ca nbe applied and the punishments that can be given.

PENALTY FARE

A fine for any cancellations or changes that are made once a ticket has been generated.

PENCIL HARDNESS

An accepted measure of calculating the hardness of any pencil lead. The method is not an official standard. Ranges from 6B to HB in the middle.

PENDENS LIS

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

PENDING ACTION

Action that has not been taken as yet while the case lies in court, to be heard at a future date. It is also known as a pending lawsuit.

PENSION ADJUSTMENT

The amount which can be added to the funds of an individual, as well as the contributions regularly made by the Registered Pension Plan.

PENSIONE

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

PENT-UP-DEMAND

A common term that is used to define a certain portion of the consumer behavior in a certain market. Commonly used by economists to determine the cyclical economy trends, as well as

PENURY

Extremely destitute situation, or highly poor circumstances.

PER ACCIDENS

Something that occurs as a contingency, or due to a small chance. The antonym of per se.

PER CAPITA DEBT

The total debt owed by the country divided by the total population of the country. It checks how much money a citizen must pay in order to overcome the debts owed.

PER CAPITA INCOME

The total income of the country, divided by the total popluation of the country. It is not the average income but provides a clear indicator of the living standards of the country.

PER CAUSE DEDUCTIBLE

A term used in health insurance to calculate the amount that must be lessened from every claim that is paid to the insured party.

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