Related Words

Search and Consent Procedures: Procedures, sanctioned in state law, that authorize a public or private agency to assist a searching party to locate another party to the adoption to determine if the second party agrees to . . . View Full Definition

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.

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

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