Related Words

Advance Funded Pension Plan: A pension plan in which funds are set aside in advance of the date of retirement.

Plankton: Pelagic organisms that float through the water column, not attached to any substrate and unable to move against the currents and tides. Plankton can be further divided into phytoplankton and . . . View Full Definition

Planktivorous: Feeding on planktonic organisms

Plank (Chaturanga Dandasana): A lying pose. Lie straight upside down. Bend elbows and place your palms on the floor at either side of your chest. Raise your body weight off the floor by pushing up with your palms and toes.

Planktonic Organisms: Floaters; one of the two main types of organisms in the pelagic zone of the marine biome.

Planktotrophic Larva: Planktonic-dispersing larva that derives its nourishment by feeding in the plankton

Planned Unit Development (PUD): A relatively modern concept in housing designed to produce a high density of dwellings and maximum use of open spaces. This efficient use of land allows greater flexibility for residential l . . . View Full Definition

Planned Financing Program: Budgeted or projected ways need for reasons or to obtain short-term and long-term financing as outlined in the corporate financial plan.

Planned Capital Expenditure Program: Budgeted or projected outlays for major expenditures on permanent or fixed assets as outlined in the corporate financial plan.

Planned Amortization Class (PAC): (1) The class of CMO that has the most stable cash flows and the lowest prepayment risk of any class of CMO Because of a stable cash flow, it is considered the least risky CMO (2) A CMO bond . . . View Full Definition