Aromatic Ring (Ar): An exceptionally stable planar ring of atoms with resonance structures that consist of alternating double and single bonds, e. g. benzene:.

 

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Aromatic Ring (Ar): An exceptionally stable planar ring of atoms with resonance structures that consist of alternating double and single bonds, e. g. benzene:.

Profit Sharing Plan: A qualified retirement plan established and maintained by an employer which enables employees and their beneficiaries to participate in the profits of the employer's business.

Profit Sharing: A profit-sharing plan is a type of defined contribution retirement plan that employers may establish for their workers. The employer may add up to the annual limit to each employee's profit- . . . View Full Definition

Profit-Sharing Plan: An incentive system providing that employees share in company profits through a cash fund or a deferred plan used to buy stock or bonds.

Public Offering: Used in the context of general equities. Offering to the investment public, after compliance with registration requirements of the SEC, usually by an investment banker or a syndicate made up . . . View Full Definition

Public-Safety Answering Point (PSAP): The dispatch office that receives 911 calls from the public. A PSAP may be local fire or police department, an ambulance service or a regional office covering all services.

Public Offering Price: The price of a new issue of securities at the time that the issue is offered to the public.

Procuring Cause: That effort which brings about the desired results. Also called predominant efficient cause or the contributing cause.

Process Reengineering: The process of improving business practices or methods by creating and implementing new processes or making changes to existing processes.

Physical Weathering: A general term applied to a variety of weathering processes that result in the particle size reduction of rock materials with no change in composition. Frost action, salt crystal growth and . . . View Full Definition