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Rock And Rye: An amber-colored American liqueur originally made from rye whiskey and rock candy.

Purchase And Sale: A method of securities distribution in which a firm purchases securities from the issuer for its own account at a stated price and then resells them, as contrasted with a best-efforts sale.

Punch-And-Judy: Said of a hitter who tends to hit well-placed but weakly-hit balls for singles. The first reference was made by former Los Angeles Dodgers manager Walter Alston when asked about a home run b . . . View Full Definition

Punk Rock: Subgenre of rock popular since the mid 1970s, characterized by loud volume levels, driving rhythms and simple forms typical of earlier rock and roll: often contains shocking lyrics and offen . . . View Full Definition

Purchase Returns And Allowances: A contra-purchase account used for recording the return of, or allowances for, previously purchased merchandise.

Push Hand: A drill or game in Tai Chi that allows students to practice their tai chi skills, energetics and movement against an opponent. There are many variations of push hands.

Purchases Of PP and E: The acquisition cost of new property, plant and equipment assets in a given year, minus the proceeds from the sale of existing PP&E. See also depreciation.

Pump And Dump: In a pump and dump scheme, a scam artist manipulates the stock market by buying shares of a low-cost stock and then artificially inflating the price by spreading rumors, typically using the . . . View Full Definition

Puck-Handler: The player currently in possession of the puck.

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.