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Prima facie (/ ˌ p r aɪ m ə ˈ f eɪ ʃ i,-ʃ ə,-ʃ i iː /; from Latin prīmā faciē) is a Latin expression meaning "at first sight", [1] or "based on first impression". [2] The literal translation would be "at first face" or "at first appearance", from the feminine forms of primus ("first") and facies ("face"), both in the ablative case.
Factoring is a financial transaction and a type of debtor finance in which a business sells its accounts receivable (i.e., invoices) to a third party (called a factor) at a discount. [ 1][ 2][ 3] A business will sometimes factor its receivable assets to meet its present and immediate cash needs. [ 4][ 5] Forfaiting is a factoring arrangement ...
In the ordinary course of life, we necessarily take others at face-value, [30] and use ideal types/stereotypes to guide our daily activities; while institutions too can rely on the superficial consensus of groupthink [31] to preclude deeper investigation. Some circumstances however necessitate a shift from superficial to extensive processing.
The face value, sometimes called nominal value, is the value of a coin, bond, stamp or paper money as printed on the coin, stamp or bill itself [1] by the issuing authority. The face value of coins, stamps, or bill is usually its legal value. However, their market value need not bear any relationship to the face value.
Devaluation. In macroeconomics and modern monetary policy, a devaluation is an official lowering of the value of a country's currency within a fixed exchange-rate system, in which a monetary authority formally sets a lower exchange rate of the national currency in relation to a foreign reference currency or currency basket.
In the psychology of human behavior, denialism is a person's choice to deny reality as a way to avoid believing in a psychologically uncomfortable truth. [ 1] Denialism is an essentially irrational action that withholds the validation of a historical experience or event when a person refuses to accept an empirically verifiable reality.
The absolute value of a number may be thought of as its distance from zero. In mathematics, the absolute value or modulus of a real number , denoted , is the non-negative value of without regard to its sign. Namely, if is a positive number, and if is negative (in which case negating makes positive), and . For example, the absolute value of 3 is ...
Ticket resale is common in both sporting and musical events . Ticket resale is a form of arbitrage that arises when the number demanded at the sale price exceeds the number supplied (that is, when event organizers charge less than the equilibrium prices for the tickets). During the 19th century, the term scalper was applied to railroad ticket ...