Error Of Principle: A double-entry term which means that one or both sides of a double-entry has been posted to the wrong account (which is also a different class of account). Example: Petrol expense posted to Fixtures and Fittings.

 

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Error Of Principle: A double-entry term which means that one or both sides of a double-entry has been posted to the wrong account (which is also a different class of account). Example: Petrol expense posted to . . . View Full Definition

Place Of Articulation: The point in the oral cavity where the position of speech organs (lips, teeth, tongue, etc.) Is most important for a particular sound.

Pilates Principles: The six core principles that govern the correct execution of Pilates exercises, namely, Breathing, Centering, Control, Concentration, Flowing Movement, and Precision. To gain the most from t . . . View Full Definition

Plague Of Justinian: (541-542) The Plague of Justinian was a pandemic that afflicted the Byzantine Empire, including its capital Constantinople, in the years 541–542 AD. It has been speculated that this pandemic . . . View Full Definition

Pie Model Of Capital Structure: A model of the debt-equity ratio of the firms, graphically depicted in slices of a pie that represent the value of the firm in the capital markets.

Plant Variety Protection Act Of 1970: P.L. 91-577 (December 24, 1970) was enacted to provide patent-like protection for new non-hybrid seed varieties. The ultimate goal was to create an incentive for public and private research . . . View Full Definition

Playoffs: The post-season tournament that determines the NFL champion.

Playoff Beard: A playoff beard is the superstitious practice of a national hockey league (nhl) player not shaving his beard during the stanley cup playoffs.

Plaster Of Paris: A quick setting, pure white powder, used to set bathroom wall fixtures such as towel racks or used by craft groups for pouring molds and making plaster objects.

Picked Off: Intercepted.