Tooltip Categories: Economics & Finance

piece work

Any type of employment in which a worker is paid a fixed piece rate for each unit produced or action performed regardless of time. (source:

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periodicity

The quality or state of being periodic; recurrence at regular intervals. (source: http://www.thefreedictionary.com/periodicity)

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permit

Legal authorization to conduct an activity. (source: http://www.investorwords.com/3676/permit.html)

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perpetual preferred stock

A type of preferred stock that has no maturity date. The issuers of perpetual preferred stock will always have redemption privileges on such shares. Issued

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personal budget

A finance plan that allocates future personal income towards expenses, savings and debt repayment.(source: wikipedia.org )

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personal guarantee

Agreement that make one liable for one’s own or a third party’s debts or obligations. A personal guarantee signifies that the lender (obligee) can lay

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personal identification number [PIN]

A secret numeric password shared between a user and a system that can be used to authenticate the user to the system.(source: http://en.wikipedia.org/wiki/Personal_identification_number)

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pension fund

Resources set aside on a periodic basis by the employee and/or employer that will earn a return so that the accumulated principal and interest will

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per diem (human resources)

A daily allowance for expenses, a specific amount of money that an organization gives an individual per day to cover living and travelling expenses in

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per capita income

Income per person in a population. Per capita income is often used to measure a country’s standard of living. (Read more: http://www.investorwords.com/5939/per_capita_income.html#ixzz2aM4WWxW9)

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