He who is engaged in the exercise or employment of any art or profession.
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P
PRAECIPE
Lat. In practice . Au original writ, drawn up in the alternative , com- manding the defendant to do the tliiug required, or show the reason why he had not […]
PRAEMUNIRE
among immovables, and were called “prcsdia vulantia,” or “volatile estates.” 2 Bl. Comm. 428.
PRAGMATIC
Following a practical approach.
PRAGMATIC A
In Spanish colonial law. An order emanating from the sov ereign, and differing from a ccdula only In form and in the mode of promulgation . Schm. Civil Law, Introd. […]
PRAGMATIC SANCTION
In French law . An expression used to designate those ordinances which concern the most important objects of the civil or ecclesiastical ad- ministration. Merl. Repert In the civil law […]
PRAIRIE
An extensive tract of level or rolling land, destitute of trees, covered with coarse grass, and usually characterized by a deep, fertile soil. Webster. See Buxton v. Railroad Co., 58 […]
PRAM MODEL
A series of systematic steps which are taken during any kind of negotiation , such as planning to agree, relationship building, coming to an agreement and/ or maintaining a certain […]
PRATIQUE
A license for the master of a ship to traffic in the ports of a given country, or with the inhabitants of a given port, upon the lifting of quarantine […]
PRAXIS
Lat. Use; practice. Praxis judicum est interpres legum. Hob. 96. The practice of the judges is the interpreter of the laws.
PRAY IN AID
In old English practice. To call upon for assistance. In real actions, the tenant might pray in aid or call for assistance of another, to help him to plead, because […]
PRAYER
The request contained in a bill in equity that the court will grant tlie process, aid. or relief which the complainant desires. Also, by extension, the term is ap- plied […]
PRAYER OF PROCESS
Is a petition with which a bill in equity used to conclude, to the effect that a writ of subpoena might Issue against the defendant to compel him to answer […]
PRE DETERMINED OVERHEAD RATE
Examination or measurement of any overhead, which has passed through the phase of manufacturing .
PRE-ADMISSION AUTHORIZATION
An authorized document which needs to be taken from the insuring party, before an insured party can be admitted to a hospital.
PRE-ADMISSION CERTIFICATION
A certified document which is required to check whether the insured party needs to go to the hospital or not.
PRE-APPROVAL
Any buyer who has a positive credit rating can be pre approved before they go home shopping. The lender generally checks the credit history before determining whether a loan should […]
PRE-AWARD SURVEY
A survey conducted to evaluate the financial, managerial and operational capabillities of any contractor, before the actual contract is awarded.
PRE-BID SHOPPING
Negotiations and discussions carried out between the contractor and the client, before the tender has been awarded. Generally done in order to get a lower price rate.
PRE-CONSUMER MATERIALS
Materials that fail to reach their desired state of consumption .
PRE-CONTRACT
An obligation growing out of a contract or contractual relation, of such a nature that it debars the party from legally entering into a similar contract at a later time […]
PRE-DEPRECIATION PROFIT
Profit gained before depreciation is levied on the account.
PRE-EMPTION
In international law . The right of pre-emption is the right of a nation to detain the merchandise of strangers passing through her territories or seas, in order to afford […]
PRE-EMPTIONER
One who, by settlement upon the public land , or by cultivation of a portion of it, has obtained the right to purchase a portion of the land thus settled […]
PRE-EXPORT FINANCING
Loans that are provided to exporting companies, after the lenders carefully check and ensure that orders have been placed for the goods, hence ensuring that they will get returns for […]