PRELUDE n.
An introductory performance, preceding and preparing for the principal matter; a preliminary part, movement, strain, etc.; especially (Mus.), a strain introducing the theme or chief subject; a movement introductory to a fugue, yet independent; -- with recent composers often synonymous with overture. The last Georgic wa…
PRESENT VALUE; PRESENT WORTH n.
The principal which, drawing interest at a given rate, will amount to the given sum at the date on which this is to be paid; thus, interest being at 6%, the present value of $106 due one year hence is $100.
PRIMITIVE a.
rojection), the plane upon which the projections are made, generally coinciding with some principal circle of the sphere, as the equator or a meridian. -- Primitive rocks (Geol.), primary rocks. See under Primary. -- Primitive sheath. (Anat.) See Neurilemma. -- Primitive streak or trace (Anat.), an opaque and thicke…
PRIVY a.
hamber, a private apartment in a royal residence. [Eng.] -- Privy council (Eng. Law), the principal council of the sovereign, composed of the cabinet ministers and other persons chosen by the king or queen. Burrill. -- Privy councilor, a member of the privy council. -- Privy purse, moneys set apart for the personal u…