Category: P

Proration

Definition Proration is a financial term that involves dividing or distributing something proportionately, commonly in finance or business management. It’s often used when distributing dividends,

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Prospectus

Definition A prospectus is a legal document that companies issue, primarily when they are looking to raise capital through the issue of new securities, such

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Proportional Tax

Definition A proportional tax, also known as a flat tax, is a taxation system where the same percentage of tax is levied from all taxpayers,

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Protectionism

Definition Protectionism refers to government actions and policies that restrict or restrain international trade, often with the intent of protecting local businesses and jobs from

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Property Rights

Definition Property rights refer to the legal rights of ownership, control, use, and disposal of property, either physical or intellectual. These laws govern how an

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Property Tax

Definition Property tax is a levy imposed by the government on a property owner’s real estate, such as houses, businesses, or land. The amount of

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Property Tax Deduction

Definition A Property Tax Deduction is a tax relief measure that allows homeowners to reduce their taxable income by the amount of property tax they’ve

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Proprietary Trading

Definition Proprietary trading refers to a financial firm or bank that invests for direct market gain rather than earning commission dollars by trading on behalf

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