A defense in which the accused is acquitted fully with all his/ her rights restored.
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PERFECT EQUITY
a term given to the equity or the interest of a buyer in real estate who has fulfilled obligations to the owner.
PERFECT HEDGE
Complete elimination of the risk involved in any associated investment.
PERFECT INFORMATION
Information that is true to every detail, eliminating every doubt or uncertainty .
PERFECT INSTRUMENT
the term applied to a deed or instrument that is perfect when it is filed and recorded.
PERFECT LIQUIDITY
The ability of any asset to be converted to cash immediately , without facing any loss in its value.
PERFECT RATIONALITY
A decision making method which is taken with full information and perfectly logical steps, and usually aimed at maximizing the profits.
PERFECT RIGHT
the term that is given to the right according to law that is different to a moral right.
PERFECT TENDER
Performing any contract within the time frame provided and completing all the requirements , meeting the specifications of the customer precisely.
PERFECT TENDER RULE
A rule which states that a buyer can reject the delivery of goods if they do not meet a certain standard, or are lesser than the ordered quantity.
PERFECT TITLE
the name that is applied to the clear title that is free from clouds and litigation .
PERFECTED SECURITY INTEREST
Any secure interest in an asset, which cannot be claimed by any other party. A lien might be registered against it. Known as perfected lien.
PERFECTING BAIL
Certain qualifications of a property character being required of persons who tender themselves as bail, when such persons have justified, i. c., es- tablished their sufficiency by satisfying the court […]
PERFECTING TITLE
Removal of doubt or dispute linked to the title of any real estate .
PERFECTING TRANSFER
the term that is used for the completion of the transfer of assets in a case for bankruptcy.
PERFECTION
Validating any legal document or interest by properly executing it and then filing it with the correct public authority.
PERFECTION OF APPEAL
this is the term that is applied when a person has completed all of the things needed to appeal a case.
PERFECTLY ELASTIC
In a supply or demand curve , the appearance of infinite price elasticity is known as being ‘ perfectly elastic ‘.
PERFIDY
The act of one who has engaged his faith to do a tiling, aud does not do it, but does the contrary. Wolff, Inst 8 300.
PERFLUOROCARBON (PFC)
PFC, as it is commonly known, is a byproduct that appears when aluminum is smelted during the manufacturing process of a semiconductor . A PFC has a couple of carbon […]
PERFORM
To perform an obligation or contract is to execute, fulfill, or accomplish it according to its terms. Tills may consist either In action on the part of the person bound […]
PERFORMANCE
The fulfillment or accomplishment of a promise, contract, or other obligation according to its terms.
PERFORMANCE ANALYSIS
In terms of finance, the examination conducted on different performance indicators , such as calculating the return on assets and equity, and then comparing to another firm of the same […]
PERFORMANCE APPRAISAL
A method by which a manager, or a third party consultant evaluates and then examines the work of an employee and then makes a comparison with the standards that have […]
PERFORMANCE AUDIT
A complete performance appraisal taken of the internal controls of the firm ,as well as the level of efficiency as well as effectiveness of the processes that are taking place. […]