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.
A provision is an amount set aside from profits in an organization's accounts for a known liability or diminution in asset value. This article explores the historical context, types, key events, detailed explanations, and more about provisions.
An amount calculated to cover the debts during an accounting period that are not expected to be paid. Includes general and specific provisions and their treatment for tax purposes.
An estimated allowance for potential future bad debts, Provision for Doubtful Debts ensures accurate financial reporting by accounting for uncollectible receivables.
A detailed explanation of Provision for Loan Losses, a key concept in banking and finance, which involves setting aside an amount in anticipation of future loan defaults.
A provisional patent application allows inventors to establish an early filing date without the need for a formal patent claim, providing a cost-effective and flexible approach to securing innovation.
Provisioning ensures that systems are fully prepared and equipped to deliver services efficiently. It is vital across various fields including IT, finance, and telecommunications.
In financial terms, provisions are specific amounts set aside by an organization to cover future liabilities or expenditures that are probable and can be estimated reliably.
Proxies serve as stand-in objects or representations for another entity. Learn about their historical context, types, key events, detailed explanations, importance, applicability, and more.
Proximal refers to something being near or close to a specific point of reference. It is commonly used in various fields such as anatomy, geography, mathematics, and everyday language.
An in-depth exploration of proxies in finance, covering their historical context, types, key events, and importance, as well as examples, related terms, and much more.
A comprehensive exploration of proxy battles, where competing shareholder groups seek to gather enough proxy votes to win a crucial corporate vote. This article delves into the historical context, types, key events, strategies, legal aspects, and more.
Proxy voting is a process where shareholders delegate their voting power to representatives, enabling them to vote on corporate matters without being physically present.
A Proxy War is a conflict where third parties are used by more powerful states to achieve their goals. It involves indirect confrontation and intervention.
The Prudent Investor Rule is a legal standard that mandates fiduciaries to invest assets with care, skill, and caution. It guides trustees and other fiduciaries to act in the best interests of the beneficiaries.
Prudential regulation refers to the framework of legal standards and guidelines designed to ensure the financial soundness of institutions, including capital adequacy, risk management, and governance requirements.
The Prudential Regulation Authority (PRA) is a part of the Bank of England responsible for prudential regulation of financial firms, maintaining financial stability by regulating and supervising banks, building societies, credit unions, insurers, and major investment firms.
An in-depth examination of the Prudential Regulation Authority (PRA), its role, objectives, history, and significance in the UK's financial regulatory framework.
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.
A comprehensive definition and exploration of pseudonyms, particularly in the context of writers and artists, including types, usage, examples, and historical context.
An in-depth exploration of Psychiatry, a branch of medicine focused on diagnosing, treating, and preventing mental, emotional, and behavioral disorders.
An in-depth exploration of the psychological implications, focusing on their influence on individual and group behaviors, particularly within economic and social contexts.
An in-depth exploration of psychological momentum, its definition, components, effects, examples, and applications in various fields such as sports, finance, and personal development.
An in-depth exploration of psychological warfare, its history, types, strategies, and implications in military operations. Learn about key events, famous examples, and the psychological tactics used to influence perceptions and behavior.
A comprehensive guide to psychometric testing, its historical context, types, key events, methodologies, importance, applicability, related terms, and more.
Psychometrics is the field concerned with the theory and technique of psychological measurement, encompassing the development and application of measurement instruments and the study of their reliability and validity.
An in-depth exploration of psychopathology, the study of mental disorders and maladaptive behaviors. Covers historical context, types of mental disorders, key events, models, examples, and related terms.
Psychopathy is a personality disorder characterized by persistent antisocial behavior, impaired empathy, and bold, disinhibited traits. This article provides a comprehensive overview of its history, categories, key events, detailed explanations, and related concepts.
The Preparer Tax Identification Number (PTIN) is an identification number that the IRS requires for all compensated tax return preparers. This number is essential for anyone preparing or assisting in preparing federal tax returns for compensation to comply with IRS regulations.
A comprehensive article detailing the meaning, history, types, importance, and more about PTY (Proprietary Company) in Australia, the Republic of South Africa, and its use in the USA.
An in-depth exploration of the Public Accounts Commission, the parliamentary body to which the National Audit Office (NAO) reports, including its history, functions, importance, and more.
The Public Accounts Committee (PAC) is a crucial parliamentary body tasked with examining government expenditure to ensure transparency, accountability, and value-for-money in public spending.
Public Administration is the implementation of government policy and an academic discipline that studies this implementation, examining the interactions between governmental institutions and society.
An in-depth examination of government accounts by an independent body, aimed at ensuring transparency, accountability, and integrity in public financial management.
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 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.
Explore the key distinctions between public charities and private foundations, focusing on their funding sources, operational structures, and compliance requirements.
Public Choice theory emphasizes the motivations of bureaucrats and politicians in the analysis of economic policy, assuming they are economically rational and self-interested.
The designated timeframe during which stakeholders can provide invaluable feedback on an Exposure Draft, influencing policy, regulations, and other key documents.
The Public Company Accounting Oversight Board (PCAOB) is a non-profit organization established by the Sarbanes-Oxley Act of 2002 to oversee the audits of public companies to protect investors and ensure the preparation of informative, fair, and independent audit reports.
The PCAOB is a federal body that oversees the audits of public companies, aiming to protect investor interests and promote informative, accurate, and independent audit reports.
Public Consultation involves engaging stakeholders through various forms of communication, such as meetings, workshops, and written feedback, to inform and improve decision-making processes.
A comprehensive look at public corporations, including government-owned entities and publicly-traded companies, examining their objectives, structures, historical context, importance, and more.
Learn the distinctions between Public Corporations, wholly owned by the government, and Government-Sponsored Enterprises (GSEs), which are privately owned yet receive government support.
Public Data refers to data that is freely available to everyone, characterized by its accessibility, transparency, and utility for various purposes such as research, governance, and innovation.
A Public Defender is a lawyer provided by the state to represent defendants who cannot afford private attorneys, ensuring fair legal representation within the criminal justice system.
Software that is completely free to use and modify without any restrictions or copyright constraints. Public domain software is released into the public domain by its creator, allowing unrestricted use by anyone.
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.
A comprehensive look into public examinations in bankruptcy proceedings, detailing their historical context, key events, importance, applicability, and more.
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.
A detailed examination of the Public Expenditure Survey Committee (PESC), its historical context, structure, function, and impact on UK government expenditure planning.
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