Part Of The Building or House: Said of the 7 or 10 pin when it remains solidly standing after an apparently perfect hit. Used in a phrase such as, That pin must be part of the building.

 

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Part Of The Building or House: Said of the 7 or 10 pin when it remains solidly standing after an apparently perfect hit. Used in a phrase such as, That pin must be part of the building.

Peoria Scoring System: A system of scoring where 6 secret holes are selected, prior to the tournament, and a formula is applied using the scores from those 6 holes to determine a final score (more on tournament formats)

Penultimate Profit Prospect (PPP): The second-lowest-priced of the ten highest-yielding stocks in the Dow Jones Industrial Average that is said (by authors O'Higgins and Downes) to be the Dow stock with the best possibility o . . . View Full Definition

Percent Error: The relative error times 100%.

Pension Sponsors: Organizations that have established a pension plan.

Percentage Order: Used for listed equity securities. Market limited price order to buy/sell a specified percentage (usually 50%) of shares traded (sometimes after a fixed number of shares of the stock have al . . . View Full Definition

Perforation: Another term for core.

Perfect Market View (Of Dividend Policy): Analysis of a decision on dividend policy, in a perfect capital market environment, that shows the irrelevance of dividend policy.

Perfect Market View (Of Capital Structure): Analysis of a firm's capital structure decision, which shows the irrelevance of capital structure in a perfect capital market.

Percolation Test Or Perc. Test: Tests that a soil engineer performs on earth to determine the feasibility of installing a leech field type sewer system on a lot. A test to determine if the soil on a proposed building lot i . . . View Full Definition