# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Participation Rate
The percentage of the population in any given age group who are economically active.
Partnership: Definition and Meaning
An in-depth look at a business structure where more than one owner operates a business, with shared responsibilities and liabilities.
Patent
A legal device to encourage and reward invention by giving exclusive rights to inventors.
Paternalism
An attitude or policy approach favoring control over people's actions for their perceived good.
Path Dependence
Explanation of path dependence in economic processes and its implications.
Pay As You Earn (PAYE)
An overview of the UK system for collecting income tax and National Insurance at the source through employers.
Pay Freeze
An in-depth analysis of the concept of pay freeze, applications in various economic frameworks, historical context, and case studies.
Pay-As-You-Go Pension
An overview of the pay-as-you-go pension system where current pensions are funded by current contributors.
Pay-back Period
The time period firms require to earn the cost of new equipment in profits for investment purposes, not always an economically rational investment criterion.
Pay-Off Matrix
A comprehensive look at the concept of pay-off matrix in game theory.
PAYE - Pay As You Earn
PAYE (Pay As You Earn) - A taxation system where income tax is deducted directly from a person's earnings or salary.