Related Words

Law Of Large Numbers: The mean of a random sample approaches the mean (expected value) of the population as sample size increases.

Philadelphia Board Of Trade (PBOT): A subsidiary of the Philadelphia Stock Exchange that trades currency futures.

Personal Tax View (Of Capital Structure): The argument that the difference in personal tax rates between income from debt and income from equity eliminates the disadvantage of the double taxation (corporate and personal) of income f . . . View Full Definition

Personal Responsibility and Work Opportunity Reconciliation Act Of 1996: P.L. 104-193 (September 22, 1996) was labeled as a major 'welfare reform' initiative. In addition to provisions making major changes to federal cash welfare, medicaid, work, and child care d . . . View Full Definition

Permanent Law: Legislation that would be in force in the absence of all temporary or short-term laws (e.g., farm bills). The Agricultural Adjustment Act of 1938, the Agricultural Act of 1949, and the Commo . . . View Full Definition

Photoflood: Artificial light source using a tungsten filament lamp and a dish reflector.

Physician Profiling: In the context of a pharmacy benefit plan, the process of compiling data on physician prescribing patterns and comparing physicians' actual prescribing patterns to expected patterns within s . . . View Full Definition

Picked Off: Intercepted.

Pick Off: An attempt by the pitcher to get a base runner out by throwing to the base from the stretch position.

Pianoforte: Original name for the piano.