When future cash flows are brought to current value by using discount rates. Refer to discount cash flow, future value , and net present value.

Keeping safe from harm; avoiding Injury, destruction , or decay. This term always presupposes a real or existing danger. See Gribble v. Wilsou, 101 Tenn. 612, 49 S. W. 736; […]

An additive chemical that is used to prevent a food or material from decay due to the presence of micro-organisms. Preservatives also prevent unwanted chemical reactions from occuring that may […]

The risk associated with the failure of the couterparty to settle the required amount.

The credit made available to an exporter to help him/her complete an export order.

To preside over a court is to “hold” it,

One placed in authority over others; a chief officer; a presiding or managing officer; a governor, ruler, or director. The chairman, moderator, or presiding officer of a legislative or deliberative […]

the person who acts as the president when the regular one is absent.

A body of electors chosen in the different states, whose sole duty it Is to elect a president and vice-president of the United States . Each state appoints, in such […]

the name that is given to the judge who is hearing and presiding over a trial.

In old practice. A piece or skin of parchment, several of which used to be sewed together in making up a roll or record of proceedings . See 1 Bl. […]

A portfolio that contains literature related to the editorial and promotional features of an entity such as a person, firm, program, etc. This is usually distributed to the media as […]

The provision of a test print to the creator of the printing material, to make sure that it is error free and acceptable, before volume printing of the material is […]

The promoter’s media release of a written, video or audio taped material such as a book, program, etc to receive free coverage and editorial comment.

See IMPRESSMENT .

See PEINE FORTE ET DURE .

The force experienced by a surface that is expressed in terms of force per unit area. Its SI unit is Pascal (a force of one newton on an area of […]

A nonprofit organization with members constantly striving to affect political or corporate decisions to achieve a specific target. As opposed to interest groups who try to defend a cause, pressure […]

The hydrostatic or pressure head is the weight of a column of water of a specific height at the bottom of the column. It is expressed as the ‘foot head’ […]

The treatment of wood with preservatives or fire-proof chemicals under the influence of pressure.

In old English law . A duty In money to be paid by the sheriff upon his ac- count in the exchequer, or for money left or remaining in his […]

A sum of money paid by archdeacons yearly to their bishop; also purveyance. Cowell.

In old English law . A payment or performance ; the rendering of a service.

A corporate marketing strategy where the lower prices will harm the sales of the product, and as such the prices are set higher than average. Items such as luxury cars, […]

Products that are deemed to be of an extremely high quality, due to added benefits that the buyer will supposedly obtain from it, and thus such products are highly priced.