Alphabetical list of terms you may encounter in PMP with their definitions.
PMP XTRA401(k)
A 401(k) plan is a company-sponsored retirement account that employees can contribute to. Employers may also make matching contributions.
// Source: Investopedia
PMP XTRACETA
Some 98% of all tariffs on goods traded between Canada and the EU have become duty free. Most tariffs were removed when the agreement came into force a year ago. All will be removed within seven years.
// Source: BBC News
PMP XTRAComputer Misuse Act 1990
An Act to make provision for securing computer material against unauthorised access or modification; and for connected purposes.
// Source: Legislation.gov.uk
PMP XTRADenial-of-service attack (DOS)
A denial-of-service attack occurs when legitimate users are unable to access information systems, devices, or other network resources due to the actions of a malicious cyber threat actor. Services affected may include email, websites, online accounts (e.g., banking), or other services that rely on the affected computer or network.
// Source: National Cyber Awareness System
PMP XTRADistributed denial-of-service attack (DDOS)
A distributed denial-of-service attack is one of the most powerful weapons on the internet. When you hear about a website being “brought down by hackers,” it generally means it has become a victim of a DDoS attack. In short, this means that hackers have attempted to make a website or computer unavailable by flooding or crashing the website with too much traffic.
// Source: Norton
PMP XTRAEBITDA
Earnings Before Interest, Taxes, Depreciation and Amortization. A measure of a company's overall financial performance and is used as an alternative to simple earnings or net income in some circumstances.
// Source: Investopedia
PMP XTRAGeneralised Scheme of Preferences (GSP)
EU’s GSP removes import duties from products coming into the EU market from vulnerable developing countries. This helps developing countries to alleviate poverty and create jobs based on international values and principles, including labour and human rights.
// Source: European Commission
PMP XTRAPrivate Finance Initiatives
A private finance initiative is a method of providing funds for major capital investments, where private firms complete and manage public projects.
// Source: Investopedia
PMP XTRASchadenfreude
The pleasure derived by someone from another person’s misfortune.
// Source: Oxford Dictionary
