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| Positive leverage
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Profitably using borrowed funds to increase the return on an investment. When the return on the borrowed funds exceed the after tax interest costs. |
| Possession
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The holding, control or custody of property for one's use, either as owner or person with another legal right. |
| Possession by adverse possession
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Way to acquire title to real estate when an occupant has been in actual, open, exclusive and continuous occupancy of property for an extended period of time. |
| Possessory action
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Litigation undertaken to obtain or maintain possession of real property. |
| Post
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A piece of wood, metal or other material that is either long and square or cylindrical, used as a support. |
| Post & beam construction
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Wall construction consisting of large, widely spaced posts to support horizontal beams. |
| Post anchor
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Metal piece that holds the bottom of a vertical post to its foundation. |
| Post and beam framing or plank and beam framing
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Use of heavy framing members, at a distance apart, so that large open areas can be created in a building. The floor and roof use heavy planks, which are able to accommodate the load without overstress. |
| Post and board fencing
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Horizontal, evenly placed boards between vertical fence posts. |
| Post and rail fencing
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Horizontal, evenly placed split rails between vertical fence posts. |
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