| 1. | Partnership | A partnership is type of unincorporated business organization in which multiple individuals (called general partners) manage the business and are all equally liable for its debts. Other individuals (c… 0.7 KB |
| 2. | Penny Stock | A stock selling for less than $1 per share - usually very speculative. |
| 3. | Pension Fund | A fund which receives payments for employees that are saving for retirement. |
| 4. | Plain English | A language that is largely unknown to some "experts" who don't really know what they are talking about but are trying to make people believe that they are intelligent. |
| 5. | Policy | Policy is the set of overall guiding principles that determine a definite course or method of action for members of group. These are usually selected from among alternatives and have proved to be work… 0.2 KB |
| 6. | Preemption | The act of exercising something before others. |
| 7. | Principal | Used in reference to the most important, consequential, or influential executives or shareholders of a corporation. |
| 8. | Principles Based Accounting | Accounting procedure that is based on the generally accepted accounting standards and procedures. See also: GAAP; GAAS |
| 9. | Private Sector | The sector of an economy in which goods and services are produced by individuals and companies as differentiated from government. |
| 10. | Pro Forma | This describes financial statements that have one or more assumptions built into the data. Often used with balance sheets and income statements to show what results are possible if the assumptions are true. |
| 11. | Probative | Serving to prove. |
| 12. | Promulgate | To make known or public the terms of a proposed law. To put a law into action or force. |
| 13. | Proprietor | A self-employed owner of an unincorporated business. The business is called a proprietorship. In the case of a proprietorship, the owner does not enjoy limited liability. All the assets and liabilitie… 0.3 KB |
| 14. | Proprietorship | A business structure in which an individual and his/her company are considered a single entity for tax and liability purposes. A proprietorship is a company which is not registered with the state as a… 0.6 KB |
| 15. | Public | The individual investor (generalized) as distinct from the investment firm buying and selling shares or the company issuing the shares. |
| 16. | Public Company | A public company is a company which has issued securities through an offering to the broad public, and which are now traded on the open market. This is also called a publicly held or publicly traded c… 0.3 KB |
| 17. | Public Company Accounting Oversight Board | The PCAOB is a private-sector, non-profit corporation, created by the Sarbanes-Oxley Act of 2002, to oversee the auditors of public companies in order to protect the interests of investors and further… 0.9 KB |
| 18. | Public Interest | The generalized reference to the well being of individual investors or members of a country. Often used rhetorically by politicians and bureaucrats when referring to what guides their actions. |
| 19. | Pursuant to | In carrying out or in conformity with. |
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