Economics

Profit Motive: The Driving Force in Economic Activity
The Profit Motive is the desire for gain as a motive in economic activity. While it implies the goal of maximizing profit, it can also suggest selfishness. Adam Smith highlighted its role in achieving Pareto efficiency through rational choices and the price mechanism.
Profit Sharing: A System for Employee Incentives
An in-depth exploration of profit sharing, a system where employees receive a share of the company's profits, often as bonuses or retirement contributions.
Profit Split Methods: Divide Profits by Contribution Ratios
An analytical approach to allocating profits between parties in a transaction based on their respective contributions, commonly used in licensing agreements and joint ventures.
Profit-Related Pay: Enhancing Employee Motivation Through Profit Sharing
Profit-Related Pay ties employee compensation to the employer's profit, aiming to boost motivation and effort by making staff stakeholders in the company's success. It can take the form of direct monetary bonuses or share allocations.
Profit-Related Pay: Incentive-Based Compensation Linked to Company Profits
Profit-Related Pay is a system where employee compensation is directly linked to the profitability of the employer. This incentivizes employees to contribute towards company success while aligning their interests with the company's financial health.
Profit-Sharing Arrangement: Structured Incentive Programs
A detailed exploration of profit-sharing arrangements, including historical context, types, key events, mathematical formulas, charts, and significance in modern business.
Profit-Sharing Plans: Empowering Employees Through Company Profits
Profit-Sharing Plans are financial strategies that allocate a portion of company earnings to its employees, fostering a sense of ownership and aligning employee interests with company goals.
Profit-Sharing Ratio: Distribution of Profits in a Partnership
An in-depth exploration of Profit-Sharing Ratios (PSR), the mechanism by which profits or losses are distributed among business partners as specified in the partnership agreement.
Profit-Volume Ratio: Understanding Financial Efficiency
An in-depth exploration of the Profit-Volume Ratio, also known as the Contribution Margin Ratio, which measures the relationship between profit, sales volume, and costs in a business.
Profitability: A Measure of Financial Gains
Profitability refers to a company's ability to generate financial gains, typically assessed using metrics such as net income.
Profitability Index: An Essential Tool for Project Evaluation
Profitability Index (PI) is a method used in discounted cash flow for ranking a range of projects under consideration. It helps determine the value of projects by comparing their profitability, facilitating optimal decision-making.
Profitable: Yielding Financial Gain
Profitable refers to a financial state where revenues exceed expenses, resulting in monetary gain. This article explores the concept in various fields, historical context, related terms, examples, and more.
Progressive Tax: Understanding the Tax System with Increasing Rates
A comprehensive exploration of progressive tax, its historical context, types, key events, detailed explanations, models, importance, applicability, examples, related terms, comparisons, and more.
Progressive Tax: Understanding Its Mechanics and Implications
A comprehensive exploration of progressive tax, a system where the tax rate increases as the taxable amount increases, ensuring a more equitable distribution of tax burden. This article covers its historical context, types, key events, mathematical models, charts, applicability, and related concepts.
Progressive Tax System: A Tax System Where Tax Rates Increase with Higher Income Levels
A comprehensive overview of the Progressive Tax System, including its historical context, types, key events, mathematical formulas, importance, applicability, examples, considerations, related terms, comparisons, interesting facts, famous quotes, FAQs, and references.
Prohibitive Tariff: A Trade Barrier
A comprehensive guide to understanding prohibitive tariffs, their impact on international trade, and their historical and modern-day applications.
Project Financing: An In-Depth Exploration of Limited Recourse Financing
Project Financing is a financial arrangement where funds raised for a specific project are secured on the project itself and its anticipated earnings, rather than on the general assets of the company involved.
Promotional Codes: Digital Alphanumeric Codes for Discounts
Promotional codes are digital alphanumeric codes applied during online checkout to receive discounts on purchases. These codes are essential tools in digital marketing strategies to offer incentives, attract customers, and boost sales.
Promotional Offer: Short-term Reductions or Special Deals to Boost Sales
Promotional offers are strategies used to stimulate customer interest and increase sales through temporary discounts, deals, or incentives. This article explores the types, history, significance, and examples of promotional offers.
Propensity Score Matching: Estimation of Causal Effects in Observational Data
Propensity Score Matching is a statistical method used to estimate the causal effect of a treatment or policy intervention in observational data by comparing the outcomes of treated and untreated subjects who are otherwise similar in their observed characteristics.
Propensity to Save: Economic Concept Explained
An in-depth exploration of the concept of Propensity to Save, its types, significance, influencing factors, mathematical representation, examples, and related terms.
Property: An In-Depth Exploration
An encyclopedic entry covering the concept of property, including historical context, types, key events, detailed explanations, mathematical models, charts, applicability, examples, and more.
Property Company: Comprehensive Overview
An in-depth analysis of property companies, including their roles, types, historical context, key events, and much more.
Property Income: Earnings from Renting Out Property
An in-depth look at property income, including its definition, types, key events, formulas, examples, and significance.
Property Income: Income Derived from Property Ownership
Comprehensive coverage on property income, including historical context, key events, categories, formulas, and practical examples.
Property Income from Abroad: An In-Depth Analysis
An exhaustive examination of property income from abroad, covering historical context, categories, key events, and applicability. This article is tailored for comprehensive understanding and includes charts and examples.
Property Market: The System of Buying and Selling Real Estate
An extensive overview of the property market, including its historical context, categories, key events, models, importance, applicability, and related terms.
Property Rights: Ownership and Legal Boundaries
Understanding the complex nature of property rights, their historical context, types, key events, and their importance in organized economic activity.
Property Tax: A Comprehensive Guide
An in-depth exploration of property tax, including its historical context, types, key events, detailed explanations, mathematical models, importance, applicability, examples, and more.
Property Taxes: Understanding Real Estate Taxation
Property taxes are levied by the government on property owners and are a crucial aspect of real estate taxation. Learn about their history, types, key events, calculations, and impact on the economy.
Proportional Tax: A Comprehensive Overview
An in-depth analysis of proportional tax, its historical context, types, key events, detailed explanations, mathematical formulas, charts, and its importance in economics.
Proportional Tax: A Uniform Rate Tax System
Proportional tax is a tax system where the tax rate remains consistent, regardless of the amount subject to taxation, ensuring that revenue collected rises proportionally with the taxable amount.
Proportionality: Principle of Consistent Ratios
A comprehensive guide to understanding proportionality, its definitions, types, applications, and related concepts in various fields.
Proprietor: The Business Owner
An in-depth look at proprietors: definitions, historical context, key aspects, types, examples, and importance in various fields.
Prorated Share: Allocation of Obligations Among Parties
A comprehensive exploration of prorated share, its applications, and implications in various fields such as finance, real estate, and accounting.
Prospect Theory: A Theory of Decision-Making Under Risk
A comprehensive exploration of Prospect Theory, which explains how people decide between probabilistic alternatives involving risk, where the probabilities of outcomes are uncertain.
Protection: Safeguarding Through Trade Policies and Government Measures
Protection encompasses trade policies to boost profits and employment, as well as government policies to safeguard consumer, producer, and environmental interests. These measures include tariffs, quotas, and regulations.
Proven Reserves: High Certainty of Recovery
Proven reserves refer to the subset of recoverable reserves that have been confirmed through extensive data and analysis to have a high certainty of being recovered, often exceeding a 90% confidence level.
PRP: Profit-Related Pay
An in-depth exploration of Profit-Related Pay, including its historical context, types, benefits, and drawbacks.
PRT: Petroleum Revenue Tax
An in-depth overview of Petroleum Revenue Tax (PRT), including historical context, types, key events, formulas, importance, applicability, and more.
Prudential Regulation Authority: UK Financial System Supervisor
The Prudential Regulation Authority (PRA) is an agency under the Bank of England responsible for the prudential supervision and regulation of the UK financial system, promoting safety, soundness, and policyholder protection.
PSBR: Public Sector Borrowing Requirement
Comprehensive explanation of Public Sector Borrowing Requirement (PSBR), including historical context, types, key events, formulas, charts, importance, applicability, examples, related terms, comparisons, facts, quotes, expressions, jargon, FAQs, and references.
PSD2: The European Directive Mandating Open Banking
PSD2 is a European directive aimed at increasing innovation, competition, and security in the payment services industry by mandating Open Banking.
PSNCR: Public Sector Net Cash Requirement
A detailed overview of Public Sector Net Cash Requirement (PSNCR), its importance, historical context, and applications in economics and finance.
PSR: Profit-Sharing Ratio
Detailed examination of PSR (Profit-Sharing Ratio), its historical context, types, key events, mathematical formulas, applicability, and examples.
Public Benefit Entity: Definition and Significance
A Public Benefit Entity (PBE) is an organization that operates with the primary objective of providing benefits to the public rather than generating profit for owners or shareholders. This entry explores the various aspects of PBEs, including their historical context, types, importance, applicability, and more.
Public Bonds: Financing Public Projects
Public Bonds are debt securities issued by government entities to raise funds for public projects. These bonds are essential for financing infrastructure, education, healthcare, and other public services.
Public Choice: Analysis of Economic Policy Motivations
Public Choice theory emphasizes the motivations of bureaucrats and politicians in the analysis of economic policy, assuming they are economically rational and self-interested.
Public Comment Period: Stakeholder Feedback Timeframe
The designated timeframe during which stakeholders can provide invaluable feedback on an Exposure Draft, influencing policy, regulations, and other key documents.
Public Company: Shares Publicly Traded
A detailed overview of a Public Company, a type of business organization whose shares are publicly traded.
Public Company: An Overview
A public company, also known as a public limited company, is a business entity that offers its shares to the general public through a stock exchange.
Public Corporation: Government-Owned and Publicly-Traded Entities
A comprehensive look at public corporations, including government-owned entities and publicly-traded companies, examining their objectives, structures, historical context, importance, and more.
Public Debt: Comprehensive Overview and Implications
An extensive examination of public debt, its historical context, categories, key events, models, and its significance in contemporary economics.
Public Economics: Analysis of Government Policy and Economic Efficiency
A comprehensive overview of public economics, focusing on the study of economic efficiency, distribution, and government economic policy. This article covers historical context, types, key events, detailed explanations, models, charts, importance, applicability, examples, related terms, FAQs, and more.
Public Examination: Detailed Insight into Bankruptcy Proceedings
A comprehensive look into public examinations in bankruptcy proceedings, detailing their historical context, key events, importance, applicability, and more.
Public Expenditure: Comprehensive Insight into Government Spending
An extensive guide on public expenditure, encompassing historical context, types, key events, detailed explanations, mathematical models, charts, importance, examples, considerations, related terms, comparisons, interesting facts, famous quotes, and more.
Public Expenditure Survey Committee (PESC): A Historical Overview
A detailed examination of the Public Expenditure Survey Committee (PESC), its historical context, structure, function, and impact on UK government expenditure planning.
Public Finance: Government's Role in the Economy
The study of the role of the government in the economy, particularly focusing on public revenues and expenditures.
Public Finance: Government Financial Management
An exploration of Public Finance, its historical context, key concepts, mathematical models, applications, and related terms.
Public Financial Management: Enhancing Transparency and Efficiency
An in-depth exploration of Public Financial Management, its historical context, key components, models, and its crucial role in governance and economic stability.
Public Good: An Essential Economic Concept
Public goods are characterized by their non-excludable and non-rivalrous nature, leading to unique economic challenges and implications. This comprehensive article delves into their historical context, types, key events, and much more.
Public Information: Data Accessible to All Investors
Public information refers to data that has been released to the market and can be accessed by all investors, ensuring a level playing field in financial markets.
Public Interest: A Comprehensive Exploration
An in-depth look at the concept of public interest, its historical context, key events, significance, applicability, and related terms.
Public Interest Entity (PIE): An Overview
Detailed exploration of Public Interest Entities, including their significance, types, regulations, and implications for stakeholders.
Public Limited Company: Structure, Requirements, and Significance
A comprehensive overview of Public Limited Companies (PLCs), including their structure, legal requirements, historical context, significance in the economy, and key considerations for business operations.
Public Limited Company (PLC): A Comprehensive Overview
An in-depth article on Public Limited Companies (PLCs), covering their historical context, types, key events, detailed explanations, financial models, and their importance in the modern economy.
Public Ownership: Government Control of Enterprises
An in-depth look at public ownership, a system where enterprises are owned and operated by the government or government-controlled bodies. This article covers its historical context, types, key events, detailed explanations, importance, applicability, examples, related terms, and more.
Public Pension Funds: Securing Post-Retirement Benefits for Public Sector Employees
Public Pension Funds are designed to provide post-retirement benefits specifically for public sector employees, differentiating them from Sovereign Wealth Funds, which seek broader economic benefits.
Public Procurement: Comprehensive Overview of Government Acquisitions
An in-depth look at public procurement, including historical context, types, key events, processes, models, examples, and related terms. Understand the significance of public procurement in governance and its economic impact.
Public Procurement: Essential for Efficient Public Sector Services
An in-depth exploration of public procurement, including its historical context, types, key events, detailed explanations, models, importance, applicability, examples, and related terms.
Public Sector: An In-Depth Overview
Comprehensive coverage of the public sector, encompassing its historical context, types, key events, explanations, models, and its importance in modern society.
Public Sector Borrowing Requirement: Understanding Government Borrowing
Comprehensive guide on Public Sector Borrowing Requirement (PSBR) - a crucial indicator of a government's fiscal stance, its historical context, importance, and implications.
Public Sector Borrowing Requirement (PSBR): Understanding Government Borrowing Needs
An in-depth exploration of the Public Sector Borrowing Requirement (PSBR), covering its definition, historical context, types, key events, explanations, formulas, importance, applicability, examples, related terms, comparisons, facts, quotes, FAQs, and more.
Public Sector Debt: An Insight into Government Liabilities
Understanding the financial liabilities of the government sector through historical context, types, key events, explanations, formulas, diagrams, importance, applicability, examples, and related terms.
Public Sector Debt: Understanding Government Borrowing
An in-depth exploration of public sector debt, its types, significance, and impact on the economy. Covers historical context, key events, mathematical models, and practical examples.

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