Purchase and Sale Agreement Purchase and Sale Agreement or PSA is a valid and enforceable document that outlines the potential buyers and sellers of an estate's contractual terms. Selling and buying agreements are among...
Purchase Price The Purchase Price indicates a company's asset value, which includes the value of its stock plus liabilities. When a purchaser undertakes an evaluation, the entire amount they are ready to pay...
Pure premium method of rating Pure premium method of rating is a rating system used in property and casualty insurance. The pure premium is determined by dividing the dollar amount of incurred losses and loss-adjustment expenses by
Pure no-fault plan Pure no-fault plan is the injured person cannot sue at all, regardless of the seriousness of the claim, and no payments are made for pain
Money purchase plan Money purchase plan is a defined-contribution retirement plan in which each participant has an individual account, and the employer’s
Guaranteed purchase option Guaranteed purchase option refers benefit that can be added to a life insurance policy permitting the insured to purchase additional
Family purpose doctrine Family purpose doctrine is a concept that imputes negligence committed by immediate family members while operating a family car
Purkinje phenomenon Purkinje phenomenon is the perception that the red end of the spectrum decreases in visibility in decreasing illumination faster than the blue end of the spectrum.
Pure capitalism or market economy Pure capitalism or market economy is an economic system in which economic decisions are made freely according to the market forces of supply and demand.