Business and Personal Finance Dictionary

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• PRETAX EARNINGS OR PROFITS - Net income before federal income taxes are subtracted.
  
  
• PRETAX INCOME - Pretax income, sometimes described as pretax dollars, is your gross income before incom...
  
  
• PRETAX RATE OF RETURN - Gain on a security before taxes.
  
  
• PREVENTIVE CONTROLS - These have the objective of preventing errors or fraud from occurring in the firs...
  
  
• PREVENTIVE MAINTENANCE - Includes regularly scheduled activities such as painting and seasonal servicin...
  
  
• PREVIOUS - This is the closing price of a security from the previous trading day.
  
  
• PREVIOUS BALANCE - A method used by some card issuers where they base their finance charges on the amou...
  
  
• PREVIOUS BALANCE METHOD - Method of calculating finance charges based on the account balance at the end...
  
  
• PREVIOUS DAY'S CLOSE - The previous trading day's last reported trade. The Previous Day's Close on the ...
  
  
• PREWHITENING - Removing the bulk of first, second and possibly third order autocorrelations using non-l...