US Department of Housing and Urban Development backed short term debt securities used to finance construction of partially state-funded residential complexes and federal constuctions. There sole purpose is the aforementioned […]
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P
PROJECT OWNER
The initiator, beneficior, financer and contractor of a project.
PROJECT PLANNING
Phenonomenon including the analysis of different stages of the project and respective scheduling.
PROJECTED BENEFIT OBLIGATION (PBO)
A calculated analysis of the present value of an employee’s post work pension assuming the employee would still work. In the company’s accounts, it is the pension liability of the […]
PROJECTED TOTAL LIFE COST
Accumulative sum of spending (cost) on a fixed asset over the span of its lifetime, including expenditure over the repair, maintenance, and caretaking of the fixed asset.
PROJECTIO
Lat. In old English law . A throwing up of earth by the sea.
PROJECTION
1. Planning: Phenomenon of making calculated guess into future according to the past trends. 2. Psychology: Superimposition of one’s perceived unwanted notions, emotions onto others.
PROJECTION ERROR
It is projected amount minus the real amount.
PROJECTS IN CONTROL ENVIRONMENT (PRINCE)
A UK government initiative , which focuses on remitting the project purpose, not just the planning and observation part of the project, normally used for management of large projects.
PROJET
Fr. In international law . The draft of a proposed treaty or convention. Prolem ante matrimonium natam, ita ut post legitimam, lex civilis succedere facit in baereditate parentum; sed prolem, […]
PROLES
Lat. Offspring; progeny ; the issue of a lawful marriage. Proles sequitur sortem paternam. The offspring follows the condition of the father. Lynch v. Clarke, 1 Sandf. Ch. (N. Y.) […]
PROLETARIAT
A term coined by Karl Marx in his famous work, Communist Manifesto, for the lower working class constituting the wage workers. The classification on who quails for the term has […]
PROLETARIATE
The class of prolc- tarii; the lowest stratum of the people of a country, consisting mainly of the waste of other classes, or of those fractions of the population who, […]
PROLETARIUS
Lat. In Roman law. A person of poor or mean condition; those among the common people whose fortunes were below a certain valuation; those who were so poor that they […]
PROLICIDE
Iu medical jurisprudence . A word used to designate the destruction of the human offspring. Jurists divide the subject into foeticide, or tlie destruction of the foetus in utcro, and […]
PROLIX
a term that is given to the speaking or writing at a great length that is often tedious and boring.
PROLIXITY
The unnecessary and superfluous statement of facts in pleading or in evidence . This will be rejected as impertinent . 7 Price, 278, note.
PROLOCUTOR
In ecclesiastical law . The president or chairman of a convocation .
PROLONGATION
Time added to the duration of something; an extension of the time limited for tlie performance of an agreement. A prolongation of time accorded to the principal debtor will discharge […]
PROLYTiE
In Roman law. A name given to students of law iti the fifth year of their course; as being in advance of the Lyta>, or students of the fourth year. […]
PROMATERTERA
Mia. Co. (C. C.) 49 Fed. 549; Bingham v. Salene, 15 Or. 20S, 14 Pac. 523, 3 Am. St. Rep. 152; Pierce v. Keator, 70 N. Y. 422, 26 Am. […]
PROMISE
A declaration , verbal or written, made by one person to another for a good or valuable consideration in the nature of a covenant by which the promisor binds himself […]
PROMISE TO PAY
An agreement between two parties, the lender and the borrower, in which the lender promises to pay a set amount of money on a set date. Usually made if the […]
PROMISEE
One to whom a promise has been made.
PROMISOR
One who makes a promise.