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Procrustean Bed
  1. noun - a standard that is enforced uniformly without regard to individuality
Producer's Rent
  1. - Any profit above the normal rate of interest and wages accruing to a producer on account of some monopoly (temporary or permanent) of the means or materials of production; -- called also Producer's rent.
Production Cost
  1. noun - combined costs of raw material and labor incurred in producing goods
Production Line
  1. noun - mechanical system in a factory whereby an article is conveyed through sites at which successive operations are performed on it
Professionalise
  1. verb - become professional or proceed in a professional manner or in an activity for pay or as a means of livelihood
  2. make professional or give a professional character to; "Philosophy has not always been professionalized and used to be a subject pursued only by amateurs"
Professionalism
  1. noun - the expertness characteristic of a professional person
Professionalist
  1. - professional person.
Professionalize
  1. verb - become professional or proceed in a professional manner or in an activity for pay or as a means of livelihood
  2. make professional or give a professional character to; "Philosophy has not always been professionalized and used to be a subject pursued only by amateurs"
Professorialism
  1. - The character, manners, or habits of a professor.
Profit And Loss
  1. noun - an account compiled at the end of an accounting period to show gross and net profit or loss