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Outside Consulting
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An outside commitment that is paid professional service intended to further the interests of an outside party, regardless of whether such services are provided as an employee of the outside party, an independent contractor, a business owner, or as a director or manager.
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Outside Organization
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Any person or group not defined as a University Department or a Registered Student Group.
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Outside Professional Commitment
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An outside commitment that utilizes the same professional expertise that the individual employs in his or her University responsibilities.
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Overload Payments
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Compensation to academic personnel (Faculty and Professional Academic) for work that exceeds the normal scope of their appointments, e.g., extension instruction classes, continuing education.
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Parking and Transportation Services (PTS)
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A self-supporting unit of the University of Minnesota within Auxiliary Services. PTS supports alternatives to the single occupant vehicle and promotes programs to encourage the University community to walk, bike, carpool or take the bus.
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Partnership
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A legal entity that is jointly owned by two or more individuals (although a partner may also be a corporation or other entity) who agree to share in profit and be liable for loss. In limited partnerships, at least one partner must be liable for all losses.
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Pass-Through Grants
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Grants that are received by the University to transfer to or spend on behalf of a secondary recipient. If the University has no administrative or direct financial involvement in the program, but is merely acting as a fiscal agent, pass-through grants should be considered agency (non-University) activity and accounted for in an agency fund. If, on the other hand, the University monitors recipients for compliance with the grant, determines eligible recipients, or exercises discretion in how funds are allocated, the grant program should be considered a University activity and accounted for in a non-agency fund.
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Password
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A code which unlocks an individual's system account. Passwords are associated with individual IDs or accounts through which an individual is granted access to a database, system or systems. While passwords may be initially granted by a University security administrator, in most cases, individuals are asked to change their passwords to a series of characters known only to themselves.
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Patent
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A grant of property right by the U.S. government to the inventor giving the owner of the patent the right to exclude others from making, using, offering for sale, or selling the invention in the U.S. or importing it to this country. (35 United States Code 101) Multiple types of patent applications can be filed including utility, plant, and design patents.
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Patient Care Reimbursement
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Revenue generated from the care of patients in the Academic Health Center. Examples include revenue received from the dental clinic and the Boynton Health Service.
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Payment Card
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A financial transaction card (credit, debit, etc.) issued by a financial institution; also called Bankcard/Payment Card/Charge Card/Credit Card/Debit Card.
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Payment Card Account (PCA)
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A contractual relationship between a merchant and the acquiring bank that allows the merchant to accept payment cards from purchasers.
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Payment Card Industry Data Security Standards (PCI DSS)
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A multifaceted security standard developed and owned by the major payment card companies that includes requirements for security management, policies, procedures, network architecture, software design and other critical protective measures. Failure of merchants to conform to these standards can result in losing the ability to process payment card payments and being audited and/or fined.
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Payment Card Manager
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Departmental staff person responsible for management of payment card account. The Manager must be knowledgeable about the payment card acceptance process in the unit, PCI DSS requirements and compliance, and is the first point of contact for all questions concerning a payment card account.
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Payment Terms
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The timeframe within which the University will issue payment for vendor invoices or employee business-related reimbursements.
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Payroll Administrator
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Person in a department that is trained in Payroll procedures and forms.
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Pell Grants
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An entitlement program funded by the federal government that is a major source of aid to college and university students. The University has administrative and direct financial involvement with Pell grants because it determines eligible secondary recipients, and is liable for disallowed costs. For this reason, the Pell Grant Program is a good example of a pass-through grant that should not be handled in an agency fund.
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Performance Management System
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A process undertaken between responsible administrators/supervisors and the employees reporting to them. This process includes assessing, guiding, improving, and recognizing employee performance, resulting in effective achievement of organizational and individual goals.
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Permit
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A license granted by an oversight agency or office to engage in some activity.
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Permit holder for radioactive materials
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The principal investigator or manager named as the applicant on an AURPC issued radioactive materials use permit.
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Personal Property
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A tangible piece of movable property. It includes such items as equipment, library holdings, art work, livestock, supplies and other inventories.
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Personal Relationship
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A marital or other committed relationship; significant familial relationship, including, relationships by blood, adoption, marriage, or domestic partnership; partner, parent, grandparent, child, sibling, first cousin, uncle, aunt, nephew, niece, spouse, brother- or sister-in-law, father – or mother-in-law, son- or daughter-in-law, step-parent or step-child; consensual sexual or romantic relationship; a close personal friendship; or a significant business relationship.
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Personal Representative
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A person who has authority under state law to act on behalf of an individual to make decisions related to health care.
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Personal Telephone Use
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Generally includes routine calls home during the daily commute between work and home.
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Personally Identifiable
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Data or information that include (1) the name of the person or other family members; (2) the person's address; (3) a personal identifier such as a Social Security number, student ID number, e-mail address, telephone number, or other user number (4) a list of personal characteristics, or (5) other information that would make the person's identity easily traceable.