A concentrated volume of a part of gas, or any other substance, compared to billion parts of the air or liquid. For instance, a rough comparison is made when a teaspoon of

Any share whose full value has not been reimbursed for by the holders. A ‘call’ must be issued by the firm in order to collect the pending amount.

A legal, binding partnership that may occur where previously, no formal partnership agreement was in place. A person who exhibits such conduct, or says words which represent, or allow him to be

Any entity/ party that has a favorable interest in another entity, for instance, employers, fiduciaries or unions.

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).

During a transaction, the passage of risk is a phase in which the risk of damage or loss passes from the seller of the product to the buyer. For different products/ items,

The conveyance, or transfer of any title of any good/ property from the seller to the buyer, usually resulting in the transfer of ownership as well.

Passivation is a process in which any substnace is rendered inert, or inactive through a chemical reaction. No more reactions can take place with a passivated substance.

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 company foreign to the United States, which makes most of its money through investments. It must pass the Asset Test or the Income Test. Usually, investors follow differing regulations regarding the

When an student gets no response on his learning trend from his instructor, it is known to be passive learning.

Any income that is not earned due to a direct acitivity. For instance, income made through rent, a limited partnership or any other passive source. It does not include earned salary, capital

A contract that becomes enforcable without the signing of any party. For instance, a contract to uphold the copyrights of a book are set in place as soon as the customer buys

In terms of computer security, a passive attack is one in which an attempt is made to access unauthorized information, that is located upon a system, for electronic spying.

Any loss that is incurred due to a passive activity. Examples include loss incurred through rented property, any limited partnership, etc.

A tool which is designed to verify whether the password entered in to a computer is valid or not. It does, however, have integrity flaws, and hence, the passwords can be stolen

Any number of characters, words or alphanumeric data, which can be used as an access key to gain entry in to a computer, any file or program.

Obligations towards debt, which has been sold as shares. In such an agreement, the principal amount as well as the interest taken from borrowers first goes through the middleman, who deducts his

A concentrated volume of any gas, or part of it, or any other substance, compared to a million particles of liquid or air. A fair comparison can be that of 5 liters

A mistake on the part of an interviewer, or the anchor, which occurs when he/ she rates an employ using their past ratings as a base.