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FINANCIAL DICTIONARY & GLOSSARY: PO -
economics - is concerned with the description and analysis of
posting - entering items in account books or ledgers, from temporary records such as journals.
preference shares or preferred shares (or stock) - receive a fixed dividend, which is paid before other shares get any dividend.
premises - the place in which a company does business: an office, shop, workshop, factory, warehouse, etc.
premium - the money paid by the insured to the insurer in return for insurance cover or benefits payable; the positive difference between the current price of a security and its par value.
prepaid expenses - amounts paid in advance and recorded as such on a balance sheet.
prestige pricing - giving a high price (perhaps an excessively high price) to a luxury product to reinforce its luxury image.
price - the cost of a good or service to the consumer.
price discrimination - the sale of the same commodity to separate markets at different prices, usually by a monopolist.
price/earnings ratio (PER) - the present market price of an ordinary share divided by the company's net earnings pet share for the past year.
price effect - the result of a change in the price level if consumers' income remains unchanged.
price elasticity - the relationship between the price of a product and the quantity bought by consumers.
price fixing - agreement among competitors to sell at the same price (which is illegal in many countries).
price leadership - the ability to influence prices in a particular industry or market.
price war - reciprocal price cuts between competing suppliers in the attempt to gain a larger market share.
pricing strategy - the choice of a product's initial and subsequent price range.
primary sector of the economy - the extraction of raw materials from the earth, and agriculture.
prime cost or direct cost - the sum of direct material costs and direct labor costs.
prime rate - see base rate.
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FINANCIAL DICTIONARY & GLOSSARY SHORT INDEX
a-ac, ac-am, am-as, as-ba, ba-be, be-br, br-cap, cap-cas, ce-col, col-com, com-cor, cor-cu, cu-deb, deb-dem, dep-dis, dis-du, du-em, em-ex, fa-fi, fi-fr, fr-ge, ge-gr, ha-im, im-ine, inf-int, int-inv, inv-la, la-li, li-lo, lo-mar, mar-mark, mat-mo, mo-na, na-od, of-ou, ov-pa, pa-po, po-pri, pri-pro, pro-qu, qu-red, red-res, res-sa, sa-sh, sh-sta, sta-sto, str-ta, ta-tr, tr-un, un-va, va-we, we-zz
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