Direct And Reflected Sound: The sound that you hear from your listening/viewing position is a combination of the direct sound that travels straight from your speakers to your ears, and the indirect, reflected sound — the sound from your speakers that bounces off the walls, floor, ceiling or furniture before it reaches your ears.

 

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Direct And Reflected Sound: The sound that you hear from your listening/viewing position is a combination of the direct sound that travels straight from your speakers to your ears, and the indirect, reflected sound — t . . . View Full Definition

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.

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