P

Profit Before Tax … [Read more...] about PBT

Lat. Originally and radically, property in cattle, or cattle themselves. So called because the wealth of the ancients consisted in cattle. Co. Litt. 2076. In the civil law. Property In general, real or personal; anything that Is actually the subject of private property. In a narrower sense, personal property; fungible things. In the strictest sense, money. This has become the … [Read more...] about PECUNIA

One who pays, or who is to make a payment; particularly the person who is to make payment of a bill or note. Correlative to "payee." … [Read more...] about PAYER, OR PAYOR

As applied to the affairs of a state or nation peace may be either external or internal. In the former case, the term denotes the prevalence of amicable relations and mutual good will between the particular society and all foreign powers. In the latter case, it means the tranquility, security, and freedom from commotion or disturbance which is the sign of good order and harmony … [Read more...] about PEACE

That which relates to money. 2. Pecuniary punishment, is one which imposes a fine on a convict; a pecuniary legacy is one which entitles the legatee to receive a sum of money, and not a specific chattel. In the ecclesiastical law, by pecuniary causes is understood such causes as arise either from the withholding ecclesiastical dues, or the doing or omitting such acts relating … [Read more...] about PECUNIARY