'Per Annum' is a Latin phrase meaning 'once each year' or 'annually.' It is commonly used in financial contexts to describe interest rates, growth rates, and other annual measures.
Per Capita refers to calculation or measurement by each individual, commonly used in contexts like income, taxes, and resource distribution.
A comprehensive explanation of Per Diem, its applications, types, and significance in business and employee compensation.
A term used to describe a circumstance or condition that exists independently without the need for external evidence or support.
Comprehensive overview of Per Stirpes distribution in estate planning, highlighting its definition, application, examples, and distinctions from Per Capita distribution.
Per-capita debt is the total bonded debt of a municipality divided by its population. It is used to evaluate trends in a municipality's debt burden over time and is an essential metric for bond analysts.
Percentages are a statistical measure that express quantities as a fraction of a whole, which is typically assigned a value of 100. This term is commonly used to report changes in price, value, and various other indicators.
A tax deduction method that allows taxpayers with economic interests in mineral deposits to deduct a specified percentage of gross income from the deposit.
A comprehensive definition of a percentage lease, its structure, and applicability primarily for retail properties.
An in-depth look at Percentage Rent, how it works in a percentage lease, typical rates, and its application in commercial real estate, notably within shopping centers.
A detailed explanation of the percentage-of-completion method, an accounting method utilized to report income from long-term contracts.
A comprehensive guide to the percentage-of-sales method, which is a procedure used to set advertising budgets based on a predetermined percentage of past or forecasted future sales.
Understanding Percentiles and Their Role in Statistical Analysis
Perfect Competition refers to a market condition in which no individual buyer or seller has the power to influence the market price of a good or service, characterized by a large number of participants, homogenous products, equal information, and complete freedom of entry and exit.
A comprehensive coverage of Perfect Monopoly where a single producer dominates the market, thus eliminating competition.
An exploration of the term 'perfected,' which denotes a state of being complete beyond practical or theoretical improvement.
An in-depth exploration of the concept of performance, highlighting its significance in law and marketing.
An in-depth examination of performance appraisal systems, including their purpose, methodologies, challenges, and implications for productivity and employee management.
A detailed overview of a performance bond, a contractor's bond that guarantees contract performance, including definitions, types, examples, and FAQs.
A detailed overview of Performance Fee, also known as Incentive Fee, including its definition, types, examples, historical context, and related terms.
A detailed exploration of performance funds, including their definition, investment strategy, risk considerations, historical context, and practical examples.
An in-depth look into Performance Stock, a high-growth security that investors believe will rise in value significantly, also known as Growth Stock.
Comprehensive coverage of perils, risks that can damage property, commonly addressed in homeowner's insurance policies.
A comprehensive exploration of the term 'Period,' an interval of time that can vary in length depending on the context.
Period expenses are costs that are recognized over time, typically within specific accounting periods, such as rent or salaries.
The Periodic Inventory Method is an accounting process used to determine the cost of inventory sold or put into production by using data on beginning inventory, purchases, and ending inventory. This method calculates the cost of withdrawals from inventory.
An in-depth exploration of perishable items, their characteristics, handling requirements, and examples such as fresh fish. Understand the challenges and significance of managing perishable goods in various industries.
An in-depth examination of the criminal offense of perjury, its historical context, legal definitions, and current applications.
An overview explaining the concept of 'Perk' which redirects to 'Perquisite'.
Understanding Permanent Financing in Corporate Finance and Real Estate
An explanation of Permanent Income, highlighting its role in consumer behavior and economics with references to the Permanent Income Hypothesis (PIH).
A permit is a document issued by a government regulatory authority that grants the bearer permission to undertake a specific action. Learn about different types of permits, their applications, and legal considerations.
A permit bond guarantees that the person or business granted a license by a government agency will adhere to regulations governing their licensed activities.
In mathematics, permutations refer to the different ways in which a set of objects can be arranged, where the order of arrangement is significant. This concept is central to many fields including statistics, computer science, and combinatorics.
A perpetuity is a financial instrument that pays a never-ending series of periodic payments. It is commonly used in the contexts of finance, economics, and legal frameworks such as the rule against perpetuities.
Detailed explanation of perquisites or perks, which are privileges granted to employees in addition to their basic wages and salaries. These can range from health insurance and pensions to executive perks like automobiles and club memberships.
A comprehensive explanation of perquisites of office and their tax implications when used for personal or family purposes.
An exploration into the legal concept of 'Person,' covering individuals and entities such as trusts, estates, partnerships, associations, companies, and corporations that possess legal rights and responsibilities.
A long-distance operator-assisted call where the caller specifies the name of the person being called and is not required to pay if the individual is unavailable.
Personal allowances are exemptions from withholding for the taxpayer, spouse, and dependents, used in calculating the amount of income tax to be withheld from periodic wage payments.
A comprehensive guide to understanding Personal Computers (PCs), their history, significance, and various types.
A comprehensive guide to Personal Consumption Expenditures (PCE) as measured by the Bureau of Economic Analysis, detailing its significance, components, and implications for the U.S. economy.
The Personal Consumption Expenditures Price Index (PCEPI) is a U.S. indicator that tracks the average increase in prices for all domestic personal consumption, excluding volatile components like food and energy in its core form. Indexed to a base of 100 in 2005, it integrates data from sources such as the U.S. Consumer Price Index and Producer Price Index.
A detailed exploration of the Personal Data Sheet, including its purpose, structure, applications, and considerations for both organizations and individuals.
A comprehensive guide to understanding personal exemptions and their role in determining taxable income, including definitions, examples, historical context, and frequently asked questions.
Detailed explanation of the phaseout of personal exemptions, including its history, the mechanics behind it, examples, and its implications in the context of tax regulations.
Personal financial planning software assists users in examining revenue and expenses, comparing actual to budget, monitoring assets and liabilities, goal analysis, investment portfolio analysis, tax planning, and retirement planning.
The Personal Financial Specialist (PFS) is a prestigious designation awarded to qualified CPAs by the American Institute of Certified Public Accountants (AICPA), reflecting expertise in personal financial planning.
An in-depth look at the Personal Financial Specialist (PFS) certification, qualifications, benefits, responsibilities, and its role in personal financial planning.
A Personal Financial Statement is a document prepared for an individual, often using the accrual basis of accounting rather than the cash basis. It shows assets at estimated current values listed by order of liquidity and maturity without classification as current and noncurrent.
A detailed overview of Personal Holding Companies (PHCs), their definitions, tax implications, and the role they play in the corporate and investment landscape.
Personal income in national accounts calculations is the income actually received by households, factoring in various deductions and additions.
A comprehensive guide to Personal Information Manager (PIM), a computer software that combines calendar, appointment book, to-do list, address book, and more, similar to an electronic daily planner.
Personal Injury encompasses wrongful conduct that causes false arrest, invasion of privacy, libel, slander, defamation of character, and bodily injury. This guide covers definitions, types, legal considerations, and examples.
A detailed explanation of personal interest expense, its definition, and its status in the tax system.
An in-depth look at personal liability, its implications, and how it affects various forms of business ownership.
Comprehensive definition and implications of Personal Property in legal, financial, and business contexts.
An in-depth look at Personal Property Floater coverage, insuring a wide range of personal properties regardless of the insured's location.
In-depth understanding of Personal Residence, its implications, and legal significance in various domains such as taxation, voting, and more.
Detailed exploration of personal selling, covering its methods, types, special considerations, historical context, and more.
A Personal Service Corporation (PSC) is a business entity where the primary activity involves personal services substantially performed by employee-owners. PSCs face distinct tax treatments, including being taxed at the highest corporate rate.
In-depth exploration of personality, including its formation, types, importance, and related concepts.
Detailed Definition and Explanation of Personalty (Personal Property)
Detailed exploration of personnel, who compose an organization's workforce, focusing on their roles, importance, management, and historical context.
Detailed insight into the study and practice of managing an organization's human resources, including recruitment, selection, retention, development, assessment, and adjustment of personnel.
An overview of the Personnel Department, now commonly known as the Human Resources (HR) Department, responsible for personnel administration within organizations.
Personnel Psychology, also known as Industrial Psychology, is a field that focuses on the behavior, performance, and well-being of employees within an organization. It involves various strategies, assessments, and interventions aimed at improving workforce productivity and satisfaction.
Persuasion involves inducing attitude changes and influencing a target market to action by appealing to reason or emotion. It is a primary objective of modern advertising and can be achieved by creating advertisements with various effective strategies.
Promotional advertising that encourages product sampling and brand switching by using emotional appeals and other persuasive techniques.
The Peter Principle is a theory which suggests that employees in a hierarchical organization rise to their level of incompetence. Originating from Laurence J. Peter's book, it provides crucial insights into organizational dynamics.
A Petition is a formal, written application or statement submitted to a court or a political body, often accompanied by multiple signatures, requesting specific actions or changes.
An in-depth understanding of the Petition in Bankruptcy, its purpose, types, process, historical context, and relevance in insolvency proceedings.
Comprehensive definition and analysis of the role of a petitioner in legal proceedings, especially in the context of tax disputes and appeals within the court system, including an explanation of related terms and historical context.
An in-depth exploration of petrodollars, the dollars paid to oil-producing countries and deposited in Western banks, and their significant impact on the global economy.
Understanding Petty Cash Fund and Petty Cash Voucher: Definition, Usage, and Management
A detailed examination of phantom income, particularly in the context of leveraged real estate transactions and the tax consequences that arise when more depreciation is claimed than mortgage payments. Learn about taxable gain, adjusted tax basis, and its implications.
A comprehensive overview of Phantom Stock Plans, a type of deferred-compensation plan that uses the employer's stock as a measuring rod for determining the value of compensation payment.
The Phillips Curve describes the inverse relationship between unemployment and inflation, where an increase in inflation often leads to a decrease in unemployment, and vice versa.
Understand the concept of Physical Commodity, its significance in the market, and examples such as corn, cotton, gold, oil, soybeans, and wheat. Explore the distinctions between spot and futures markets.
Physical Depreciation or Physical Deterioration refers to the loss of value from all causes of age and action of the elements, including breakage, deferred maintenance, effects of age on construction material, and normal wear and tear.
A comprehensive guide on the process of moving finished products from the producer to the consumer, detailing types, methods, examples, and special considerations.
A detailed overview of physical examinations, including direct inspection of objects like bridge structures and medical examinations of people.
Physical Life refers to the expected period of time for an asset, such as real estate improvement, to exist physically. It differs from Useful Life, which considers functional utility.
Picketing is the practice used in labor and political disputes, involving patrolling, usually with placards, to publicize a dispute or secure support for a cause. It is a constitutionally protected exercise of free expression when done in accordance with law.
A pie chart is a graphical tool used to represent data proportions within a circular chart, where each wedge-shaped sector symbolizes different categories.
An in-depth look at the term 'PIECE' and its applications.
Detailed explanation of Piece Rate including its uses, historical context, and applicability to modern mailing systems.
An extensive look at how contractors get paid by the piece, examining the mechanisms, implications, and historical context of piece work.
The term 'Pier to House' refers to the logistics process of transporting cargo from a storage facility at a port to the consignee's specified destination, detailing various aspects such as considerations, applicability, and historical context.
The process of imposing liability for corporate activity on individuals or entities other than the offending corporation itself by disregarding the corporate entity.
The concept of being pigeonholed refers to the act of categorizing or compartmentalizing people or things often with the implication of being overlooked or forgotten.
A comprehensive guide to understanding piggyback loans, their structure, applications, benefits, types, and special considerations.
Piggybacking involves the transportation of truck trailers and containers on railcars, combining the efficiency of rail cargo with the versatility of trucking.
An in-depth look at the practice of piggybacking credit scores, its implications, legality, and impact on credit scoring.
An exploration of the Pigou Effect, which highlights how changes in the price level influence the real value of money balances and subsequently affect consumption and economic activity.
A comprehensive overview of the acronym PIIGS used to describe the economically troubled countries of Portugal, Ireland, Italy, Greece, and Spain.
A pilot plant is a small facility producing a modest number of units, designed to prove or test methods that may be used in full-scale plants. A pilot plant reduces the investment risk in unproven production methods.
A Personal Information Manager (PIM) is a software application dedicated to managing an individual's personal information, such as contacts, appointments, reminders, and tasks.
Definition and Context of Pin Money: A small sum for incidental expenses or a minor cash advance associated with major contracts.
An in-depth look at Pink Sheets, the daily publication detailing bid and asked prices of thousands of OTC stocks, including historical context, practical applications, and related terms.
