The amount of risk associated with a financial investment with uncertain value. AKA risk equivalent exposure.
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POTENTIAL MARKET
A potential market is one in which the individuals exhibit a liking, or preference towards a certain product.
POTENTIAL OUTPUT
The projected GDP that can be proudced if all the resources within an economy were put to full use.
POTENTIAL TERMINATION LIABILITY
The total amount of money which needs to be paid to any contracting party that fails to perform to the injured, or aggrieved party .
POTENTIATION
The coupled action produced by two chemicals; usually greater than the amount of action produced individually.
POTESTAS
Lat In the civil law . Power; authority; domination ; empire. Im- pcrium, or the jurisdiction of magistrates. The power of the father over his children, patria potest as. The […]
POTWALEOPER
A term formerly applied to voters in certain boroughs of England, where all who boil (wallop) a pot were entitled to vote. Webster.
POULTRY COUNTER
The name of a prison formerly existing in London. See COUNTEB.
POUND
1. A place, inclosed by public authority, for the temporary detention of stray animals. Ilarrimau v. Fifield, 30 Vt. 345; Wooley v. Grotou, 2 Cush. (Mass.) 308. A pound-oicrf is […]
POUND WEIGHT
The accepted measure of weight in the United States .
POUNDAGE
In practice . An allowance to the sheriff of so much in the pound upon the amount levied under an execution. Bowe v. Campbell, 2 Civ. Proc. R. (N. Y.) […]
POUNDS PER SQUARE INCH (PSI)
The pressure exerted by any gas or liquid on the container that it is stored in. Also referred to as PSIG.
POUR ACQUIT
Fr. In French law . The formula which a creditor prefixes to his signature when he gives a receipt.
POUR COMPTE DE QUI IL APPART- IENT
Fr. For account of whom it may concern.
POUR FAIRE PROCLAIMER
L. Fr. Au ancient writ addressed to the mayor or bailiff of a city or town, requiring him to make proclamation concerning nuisances, etc. Fitzh. Nat Brev. 176.
POUR OVER WILL
A special situation under which trust is created between two or more partices, and it also includes the transfer of the assets of a will maker in to an already […]
POUR POINT
The lowest temperature at which any liquid will remain in its liquid form.
POUR SEISIR TERRES
L. Fr. An ancient writ whereby the crown seized the land which the wife of its deceased tenant, who held in capite, had for her dower, if she married without […]
POUROVER WILL
a will that leaves property and or money into a trust that already exists.
POURPARLER
Fr. In French law . The preliminary negotiations or bargainings which lead to a contract between the parties. As in English law , these form no part of the contract […]
POURPARTY
To make pourparty is to divide and sever the lands that fall to par- ceners, which, before partition, they held jointly and pro indiviso . Cowell.
POURPRESTURE
An iuclosure. Anything done to the nuisance or hurt of the public demesnes, or the highways, etc., by iuclosure or building, endeavoring to make that private which ought to be […]
POURSUIVANT
The king’s messenger; a royal or state messenger. In the heralds’ college, a functionary of lower rank than a herald, but discharging similar duties, called also ” poursuivant at arms.”
POURVEYANCE
In old English law . The providing corn, fuel, victuals, and other necessaries for the king’s house. Cowell.
POURVEYOR, or PURVEYOR
A buyer; one who provided for the royal household.