Related Words

Pitch And Putt: (also 'pitch 'n' putt') a par 3 course with extremely short holes (usually not much longer than 130 yards)

Property Plant And Equipment: Tangible, long-lived assets acquired for use in business operations: includes land, buildings, machinery, equipment, and furniture.

Propaganda: In its original use, the term referred to a committee of cardinals the Roman Catholic church founded in 1622 (the Congregatio de propaganda fide). This group established specific educational . . . View Full Definition

Property Plant And Equipment Turnover: A measure of how well property, plant, and equipment are being utilized in generating a period's sales: computed by dividing net sales by average property, plant and equipment.

Property, Plant And Equipment (PP and E): Assets used in the operations of a business that have a useful life greater than one year, including land, buildings, machinery, equipment, and furniture. Also known as fixed assets. See als . . . View Full Definition

Prostaglandins: A class of fatty acids that has many of the properties of hormones; synthesized and secreted by many body tissues and have a variety of effects on nearby cells.

Prostaglandin: A hormone-like compound with many affects including effects on the secretion of hormones and enzymes, inflammatory response, blood pressure and blood clotting.

Profit and Loss Statement (P and L): Another term for the income statement.

Profit And Loss Statement: A detailed statement of income and expenses of a business that reveals the operating position of the business over a period of time. Commonly referred to a P&L.

Prior Converted Wetland: Under the swampbuster program, these are wetlands that were converted to cropland before swampbuster was enacted on December 23, 1985, and meet wetland criteria for saturated soils or water- . . . View Full Definition