The transfer of debits and credits from the journals to a company’s ledgers is called posting.
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POSTING KEY
A small term in the code of accounting, generally linked to an item within the ledger that provides important information relating to the post, such as the type of account […]
POSTIVI JURIS
Lat. Of positive law . “That was a rule positivi juris; I do not mean to say an unjust one.” Lord Elleu- borough, 12 East. G39. Posito nno oppositorum, negatur […]
POSTLIMINIUM
Lat. In the civil- law. A doctrine or fiction of the law by which the restoration of a person to auy status or right formerly possessed by him was considered […]
POSTLIMINY
See POSTLIMINIUM .
POSTMAN
A senior barrister in the court of exchequer , who has precedence in motions; so called from the place where he sits. 2 Bl. Comm. 28. A letter-carrier.
POSTMASTER
An ofiicer of the United States , appointed to take charge of a local post-oflice aud transact the business of receiving and forwarding the mails at that point, and such […]
POSTMASTER GENERAL
a term that is used for the head of the post office department.
POSTNATI
Those born after. See POST NATUS
POSTNUPTIAL AGREEMENT
An agreement formed between a married couple, generally to provide specification regarding the division of assets in case the couple get separated or divorced.
POSTPARTUM
a term that is used for the time that is immediately after childbirth.
POSTPONE
To put off; defer; delay; continue; adjourn; as when a hearing is postponed. Also to place after; to set below something else; as when an earlier lien is for some […]
POSTPONEMENT
a term for the delay or the deferment of a trial to a later date.
POSTREMO-GENITURE
Borough- English, (q. v.)
POSTRETIREMENT BENEFITS
Compensation or extra funds that are allocated to a person’s account for the services they rendered to any institution or organization , once they have stopped working.
POSTSCRIPT
The primary language set out by Adobe, known as the Page Description Language, which is used to map images, text and different kinds of animations on a computer’s screen. It […]
POSTULATIO
Lat In Roman law.A request or petition. This was the uaiue of the first step in a criminal prosecution , corresponding somewhat to “swearing out a warrant” iu modern criminal […]
POT
A percent of new issue held by the manager to offer to the institutions investors.
POT LIFE
The period of time for which a couple of different reactive chemicals can be used, after they have been mixed together.
POT-DE-VIN
n French law. A sum of money frequently paid, at the moment of* euteriug iuto a contract, beyond the price agreed upou. It differs from air Ita, iu this: that […]
POTENTATE
A person who possesses great power or sway; a prince, sovereign, or monarch. By the naturalization law of the United States , au alien is required to reuouuee all al- […]
POTENTIA
Lat. Possibility ; power.
POTENTIAL
Existing in possibility but not in act; naturally and probably expected to come into existence at some future time, though not now existing; for example, the future product of grain […]
POTENTIAL DEFAULT
Any case in which the borrower might default on their payments in the future. The term can be used to refer to a borrower who has a higher probability of […]
POTENTIAL DOSE
A potential dose is the total amount of chemical that is present within any substance (liquid or solid) that has been swallowed by an individual .