Central And Eastern European Countries (CEEC): A term for the group of countries including Albania, Bulgaria, the Czech Republic, Hungary, Poland, Romania, the Slovak Republic, and the three Baltic States (Estonia, Latvia, and Lithuania).

 

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Central And Eastern European Countries (CEEC): A term for the group of countries including Albania, Bulgaria, the Czech Republic, Hungary, Poland, Romania, the Slovak Republic, and the three Baltic States (Estonia, Latvia, and Lithuania).

Price Elasticity Of Demand: The relationship between the change in the price of a commodity and the corresponding change in the quantity that is sold. If a small change in the price is accompanied by a relatively large . . . View Full Definition

Precautionary Demand (For Money): The need to meet unexpected or extraordinary contingencies with a buffer stock of cash.

Primary Standard: A stable, high-purity material used in titrations and other chemical analyses to prepare solutions of precisely known concentration, or to determine the concentrations of substances which re . . . View Full Definition

Preand Post Tours: Optional extension or side-trip package before or after a meeting, gathering or convention.

Prime Farmland: Land that is best suited to and available for the production of food, feed, forage, fiber, and oilseed crops. It can be cropland, pastureland, rangeland, forestland, or other land. It has th . . . View Full Definition

Prior Converted Wetland: Under the swampbuster program, these are wetlands that were converted to cropland before swampbuster was enacted on December 23, 1985, and meet wetland criteria for saturated soils or water- . . . View Full Definition

PP and E: See Property, Plant & Equipment.

Point And Figure Chart: A price-only chart that takes into account only whole integer changes in price, i.e., a 2-point change. Point and figure charting disregards the element of time and is used solely to record . . . View Full Definition

Plug and Play (PnP): A technology developed by Microsoft and Intel that supports plug-and-play installation. PnP is built into the Windows 95 operating system, but to use it, the computer's BIOS and expansion bo . . . View Full Definition