Obliquity Of The Ecliptic: The angle between the plane of the ecliptic and the plane of the equator. It now measures about 23°27', and is decreasing at the rate of one minute in 128 years.

 

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Obliquity Of The Ecliptic: The angle between the plane of the ecliptic and the plane of the equator. It now measures about 23°27', and is decreasing at the rate of one minute in 128 years.

Power-Of-Attorney: A written instrument authorizing a person, the attorney-in-fact, to act as the agent on behalf of another to the extent indicated in the instrument.

Pre-Tax Earnings Or Profits: Net income before federal income taxes are subtracted.

Power-Of-Sale Clause: A clause in a mortgage authorizing the holder of the mortgage to sell the property in the event of the borrowers default. The prodeeds from the public sale are used to pay off the mortgage d . . . View Full Definition

Power Of Attorney: A document which authorises a person to act on behalf of another is a power of attorney.

Poultry Products Inspection Act Of 1957: P.L. 85-172 (August 28, 1957), as amended by the Wholesome Poultry Products Act of 1968 (P.L. 90-492, August 18, 1968), requires USDA to inspect all 'domesticated birds' when slaughtered and . . . View Full Definition

Poverty Of Speech: Tends to occur in severe depressive states The inability to start or take part in a conversation, particularly small talk. This is a very common symptom in schizophrenia and prevents people . . . View Full Definition

Pre-Tax Rate Of Return: Gain on a security before taxes.

Precession Of The Equinoxes: The gradual westward shift (about 50' each year) of the equinoctial points along the ecliptic due to the ecliptic due to the rotational movement of the poles of Earth's axis. This phenomena . . . View Full Definition

Present Value Of $1: The value today of $1 to be received or paid at some future date given a specified interest rate.