A practice that is considered highly unethican and in some cases illegal, piggybacking is a strategy by which a broker will immediately carry out a trade in his/ her personal […]
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PIGNORATIO
Lat. In the civil law . The contract of pledge; and also the obligation of such contract.
PIGNORATITIA ACTIO
Lat. In the civil law . An action of pledge, or founded on a pledge, which was either directa, for the debtor, after payment of the debt, or con- traria, […]
PIGNORATIVE CONTRACT
In the civil law . A contract of pledge, hypothecation , or mortgage of realty.
PIGNORIS CAPIO
Lat. In Roman law. This was tlie name of one of the legis actioncs. It was employed only in certain particular kinds of pecuniary cases, and con- sisted in that […]
PIGNTJS
Lat. In the civil law . A pledge or pawn; a delivery of a thing to a creditor, as security for a debt. Also a thing delivered to a creditor […]
PIGOU EFFECT
A concept of economicts, put forward by Arthur Cecil Pigou, a classical economist. The Pigou effect states that due to a significant decrease in the prices of proudcts, a ‘ […]
PIGOVIAN TAX
A method used for fixing the consequences for a certain group or society, or to fix the negative externalities of any company or industrial sector. Extra taxes are levied on […]
PILA
In old English law . That side of coined money which was called “pile,” be cause It was the side on which there was an impression of a church built […]
PILETTUS
In the ancient rorest laws. Au arrow which had a round knob a little above the head, to hinder it from going far into the mark. Cowell.
PILFER
To pilfer, in the plain and popular sense , means to steal. To charge another with pilfering is to charge him with stealing, and is slander. Becket v. Sterrett, 4 […]
PILFERAGE
Pilferage means the stealing of inventory, or shoplifting. Pilferage also means insurance provided for marine goods, however not necessarily provided by the standard policies.
PILFERER
One who steals petty things.
PILLAGE
Plunder; the forcible taking of private property by an invading or con- quering army from the enemy’s subjects. American Ins. Co. v. Bryan, 26 Wend. (N. Y.) 573, 37 Am. […]
PILLORY
A frame erected on a pillar, and made with holes and movable boards, through which the heads and hands of criminals were put
PILOT
A particular officer serving on board a ship during the course of a voyage, and having the charge of the helm and the ship’s route; or a person taken on […]
PILOT PRODUCTION
A line of production established in industries, or manufacturing fields in order to check whether new processes used for manufacturing will be more efficient or not.
PILOTAGE
The navigation of a vessel by a pilot; the duty of a pilot. The charge or compensation allowed for piloting a vessel.
PILOTAGE AUTHORITIES
In English law . Boards of commissioners appointed and authorized for the regulation and appointment of pilots, each board having jurisdiction within a prescribed district.
PIMP
the name that describes a person who procures prostitutes for the people.
PIN COMPATIBLE
A memory chip or any other electronic part, which is placed inside a computer. Being ‘ pin compatible ‘ means to have the similar number of pins so that the […]
PIN RISK
The risk that occurs when a large option trades near strike price at its maturity. Whether above or below the strike price it changes the hedge.
PIN-MONEY
An allowance set apart by a husband for the personal expenses of his wife, for her dress and pocket money. PINCERNA 900 PIX
PINCERNA
In old English law . Butler ; the king’s butler, whose office it was to select out of the cargo of every vessel laden with wine, one cask at the […]
PINK SHEETS
The records used to report securities and penny stocks. Before the internet it was recorded on pink paper.