A strategy by a company to avoid a hostile takeover where the company offers low-price stock to its current shareholders which makes it far more expensive for another company to buy the stock as an outsider. … [Read more...] about POISON PILL
P
POLITICS
Relating to the activities of government of an area. The debate and conflict among different people and parties seeking power to govern. The science of government; the art or practice of administering public affairs. … [Read more...] about POLITICS
POLE
A measure of length, equal to five yards and a half. … [Read more...] about POLE
POLITY
The form of government; civil constitution. … [Read more...] about POLITY
PLUNDERAGE
mar. law. The embezzlement of goods on board of a ship, is known by the name of plunderage. 2. The rule of the maritime law in such cases is, that the whole crew shall be responsible for the property thus embezzled, because there must be some negligence in finding out the depredator. … [Read more...] about PLUNDERAGE
