Related Words

Purchase Returns And Allowances: A contra-purchase account used for recording the return of, or allowances for, previously purchased merchandise.

Punch-And-Judy: Said of a hitter who tends to hit well-placed but weakly-hit balls for singles. The first reference was made by former Los Angeles Dodgers manager Walter Alston when asked about a home run b . . . View Full Definition

Pump And Dump: In a pump and dump scheme, a scam artist manipulates the stock market by buying shares of a low-cost stock and then artificially inflating the price by spreading rumors, typically using the . . . View Full Definition

Purchase: Buy; be long; have an ownership position.

Purchase Agreement: Used in connection with project financing; an agreement to purchase a specific amount of project output per period.

Purchase Discount: A reduction in the purchase price, allowed if payment is made within a specified period.

Purchase And Sale: A method of securities distribution in which a firm purchases securities from the issuer for its own account at a stated price and then resells them, as contrasted with a best-efforts sale.

Purchase Accounting: Method of accounting for a merger that treats the acquirer as having purchased the assets and assumed the liabilities of the acquiree, which are then written up or down to their respective f . . . View Full Definition

Puck-Handler: The player currently in possession of the puck.

Prostaglandin: A hormone-like compound with many affects including effects on the secretion of hormones and enzymes, inflammatory response, blood pressure and blood clotting.