Glossary of Business Terms - P |
Business
Glossary P : Includes all the
terms and definitions from the glossary
on Woopidoo.com that start with the letter
P.
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All business
terms are listed alphabetically.
- Personal
Finance - Personal Finance refers
to financial planning relative to the
individual. In general, the term relates
to analyzing an individual's current
financial status, budgeting, and planning
for the future.
- Philanthropy
- Usually refers to the act of generosity
associated with giving money, time,
or effort to a charitable cause or institution
under the intention of improving the
well-being of humanity.
- Ponzi
Scheme - Ponzi scheme or Ponzi scam
is the name of a fraudulent operation
designed to take money from new "investors"
and give it to previous "investors"
instead of using it to create an actual
profit. Ponzi schemes are usually cloaked
by seemingly legitimate investment operations
with high returns for those who buy
into the program. Named after Charles
Ponzi.
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