Flooring, usually wood, laid in an alternating or inlaid pattern to form various designs.
Parquetry
Wood pieces fashioned into a decorative pattern.
Partial interest
Ownership of a part of the ownership rights to a parcel of real estate.
Partial penetration
Joint weld, which should not go all the way through the joint.
Partial release
Release of a portion of a property from a mortgage.
Partial taking
Purchase of part of property or property rights when condemnation takes place. The owner must be justly reimbursed.
Participation or participating mortgage
Agreement between a mortgagee and a mortgagor that allows the lender to have a percentage of ownership in that particular property. Allows the lender to share in part of the income or resale proceeds.
Particle board
A generic term for a material manufactured from wood particles or other lignocellulosic material and a synthetic resin or other suitable binder.
Particulates
The fine liquid or solid particles contained in combustion gases. The quantity and size of particulates emitted by cars, power and industrial plants, wood stoves, etc are regulated by the U.S. Environmental Protection Agency.
Parting stop or strip
Small strip of wood which is attached on both sides of a double hung window jamb so that, when the sashes slide past one another, as the window is opened or closed, the relative position of the sashes is maintained.
