Block Pass: Going into a turn, a rider attempting a block pass will accelerate before the apex and slip his motorcycle on the inside of the leader, then quickly pivot and make the turn directly in front of the other rider. The rider being passed must brake because his line is now blocked.

 

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Block Pass: Going into a turn, a rider attempting a block pass will accelerate before the apex and slip his motorcycle on the inside of the leader, then quickly pivot and make the turn directly in front . . . View Full Definition

Passage Contract: Detailed terms of responsibility and accountability found in the cruise ticket.

Passacaglia: Baroque form (similar to the chaconne) in moderately slow triple meter, based on a short, repeated base-line melody that serves as the basis for continuous variation in the other voices.

Passe: As a position passe means when a foot is placed near or on the other knee. As a movement passe refers to the working foot passing close to the knee of the standing leg. When the foot arrives . . . View Full Definition

Passed Ball: A pitch that is not wild which is missed or dropped by the catcher allowing the runner to advance.

Passenger Facility Charge (Pfc): An airport tax that is authorized by the us congress for upgrading and expanding local airport facilities charged per customer. Currently the tax must be between $3 and $12 on any single transaction.

Pass-Throughs: Payments on securities sold in the secondary market that are sent directly to investors.

Pass-Through Security: When a corporation or government agency buys loans from lenders to pool and package as securities for resale to investors, the products may be pass-through securities. That means regular pay . . . View Full Definition

Pass-Along Rate: The percentage of people who pass on a message or file.

Pass-Through Coupon Rate: The interest rate paid on a securitized pool of assets, which is less than the rate paid on the underlying loans by an amount equal to the servicing and guaranteeing fees.