Milk-Feed Price Ratio: A measure of the value of 16% protein ration (feed) to one pound of whole milk. As with the hog-corn ratio, this relationship is an indicator of the profitability of milk production.

 

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Milk-Feed Price Ratio: A measure of the value of 16% protein ration (feed) to one pound of whole milk. As with the hog-corn ratio, this relationship is an indicator of the profitability of milk production.

Piggyback Registration: When a securities underwriter allows existing holdings of shares in a corporation to be sold in combination with an offering of new public shares.

Placement Ratio: The percentages of last week's new municipal bond offerings that have been bought from the underwriters, according to the Bond Buyer newspaper.

Physical Deterioration: A reduction in a propertys value resulting from a decline in physical condition, can be caused by action of the elements or by ordinary wear and tear.

Photorespiration: Enhanced respiration of plants in the light relative to dark respiration

Perforation: Another term for core.

Perforations: Accurately spaced holes punched throughout the length of film for still cameras. Basically the perforation function as a guide for precision registration of film and also provide mechanical . . . View Full Definition

Perseveration: mental operations carry on past the point that they serve a function e.g. what day is it? Monday, what time is it? Monday. Seen in organic disorders

Plan Administration: Supervising the details and routine activities of installing and running a health plan, such as answering questions, enrolling individuals, billing and collecting premiums, and similar duties.

Portfolio Separation Theorem: Theory that an investor's choice of a risky investment portfolio is separate from his attitude towards risk. Related: Fisher's separation theorem.