PUTATIVE

party;” but it is now used in relation to any kind of partition proceedings. See Seiders v. Giles, 141 Pa. 93, 21 AU. 014.

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PUT IN FEAR

This means to intimidate or to be placed in a position of being afraid not to perform an act you have been urged to carry out.

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PUTATIVE MARRIAGE

the term given to a marriage of good faith but was actually unlawful.

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PUSH SYSTEM

A term used in manufacturing when orders are made to a specified number. Everything is produced to a production plan, numbers are known before manufacturing starts. Orders flow in the direction to the market and are not made without a market.

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PUSH-DOWN ACCOUNTING

A company that has been taken over by a larger or another company and has transferred all of its accounts onto the company that has taken them over.

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PUSH-PULL STRATEGY

The method by which a product leaves a company and is then sold to a customer. The client will buy or pull the product and the business provides the push that will get the product in the hands of the client.

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PURSUANT TO

a term meaning to conform to something, or something that is done in consequence of.

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PUT

In pleading. To confide to; to rely upon; to submit to. As in tbe phrase, “the said defendant puts himself upon the country;” that is, he trusts his case to the arbitrament of a jury.

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PURSUE

To follow a matter judicially, as a complaining party. To pursue a warrant or authority, in the old books, is to execute it or carry it out. Co. Litt. 52a.

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PUT BOND

Known as a putable bond. A bond whose holder has the right to demand a payment of the principal of the bond prior to the date of maturity. One or more than one date can be specified for this to occur on.

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