A significant alteration of an individual ‘s, or a society’s view of how things behave in this world. For instance, a paradigm shift occurred when it was found that the […]
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PARADOR
Any inn, hotel or lodge whose ownership lies with a government agency. It is commonly converted to a monastery, castle or a palace.
PARADOX
Any statement which is contradictory within itself, or has absurd assertions. It might be proven correct, but is usually confusing and incorrect.
PARADOX OF THRIFT
An economic belief which states that if a person saves a significant portion of their income, they are going to get poorer, rather than becoming richer. The reason quoted is […]
PARADOX OF VALUE
An observation which states that goods that are crucial to the upkeep of a person and critical to their life, such as water, are usually much cheaper, while on the […]
PARAGE, or PARAGIUM
An equality of blood or dignity, but more especially of land, in the partition of an inheritance between co-heirs; more properly, however, an equality of condition among nobles, or PARAGRAPH […]
PARAGRAPH
A part or section of a statute, pleading, affidavit, etc., which contains one article, the sense of which is complete. McClellan v. Hein, 56 Neb. GOO, 77 N. W. 120; […]
PARALEGAL
A person who has been trained, and holds authority to provide a specified number of legal services. A paralegal is not a lawyer, but is usually on their way to […]
PARALLEL
For two lines of street railway to be “parallel,” within the meaning of a statute, It may not be necessary that the two lines should be parallel for the whole […]
PARALLEL ACTIVITIES
Activities or tasks that can be performed concurrently, or simultaneously. Performance of either task remains unaffected.
PARALLEL INTERFACE
Any interface that allows the transfer of data between two devices, without having any impact upon the performance of either. Commonly, computer printers make use of parallel interfaces. Several parallel […]
PARALLEL LOAN
A pair of loans given to promote offshore business.
PARALLEL PORT
A parallel port is a socket with an input/ output connecter that allows device to connect and performs similar to a parallel interface to allow the transfer of data from […]
PARALLEL PROCESS
Any process which can run alongside one or more processes is known as a parallel process .
PARALLEL SHIFT
When interest increases and decreases equally on a yield curve .
PARAMEDIC
A person who has authority and the appropriate training required to provide emergency medical help. A paramedic is not a qualified doctor.
PARAMEDICS
the name that is given to a person who is trained to help people in emergency situations.
PARAMETER
A value that can be defined, measured, is constant but can have variable properties, values or dimensions. A parameter is chosen commonly from a set of data, as it is […]
PARAMETRIC ANALYSIS
An analysis taken to describe, analyze and examine the different relations amongst various parameters, for e.g. schedules and costs.
PARAMETRIC COST ESTIMATING
A concept that makes use of a singular or more cost estimation relationships; used primarily for quantifying the costs of research and development .
PARAMETRIC TRIGGER
An event that causes coupon rates to be suspened to prevent further loss.
PARAMOUNT
Above; upwards. That which is superior; usually applied to the highest lord of the fee of lands, tenements, or hereditaments , as distinguished from the mesne (or intermediate ) lord. […]
PARAMOUNT EQUITY
the term that is given to an equitable claim that comes first and is superior to any other claim or right.
PARAMOUNT TITLE
the name of the title that is the claim to the ownership of property that is better than any other sort of claim to the title.
PARAMOUR
term used to describe a lover but has no legal relationship with the person.