person-to-person

(redirected from P2p)
Also found in: Dictionary, Medical, Financial, Acronyms, Encyclopedia, Wikipedia.

person-to-person

1. Of, relating to, or involving communication that occurs directly between two people in real time. Online instant message services allow person-to-person conversations without the awkwardness of a phone call. They do not allow person-to-person voice chat for their online video game in order to avoid bullying and abuse of younger players.
2. obsolete Of, relating to, or involving a telephone call placed through an operator that only incurred a charge should the designated recipient be available to answer. When I traveled around the country as a teenager back in the '60s, I used to make person-to-person calls to my parents asking for Mr. and Mrs. Rutabaga—they'd recognize the fake name and know I'd gotten to my destination in one piece, and I wouldn't have to pay for the long-distance.

person to person

A phone call for which the intended party was changed only when the intended caller answered the phone. Back in the days before inexpensive or free longdistance phone calls, callers worried about the risk of being charged if the person to whom they wanted to speak wasn't available. To avoid that possibility, they made an operator-assisted person-to-person call. However, if they wanted to gamble or they knew the party would be available to answer, they made a station- to-station call where toll charges began when anyone picked up the receiver. Many travelers abused person-to-person calls to let the folks at home know that they had reached their destination. For example, college students placed calls to a family pet when they returned to a distant school after vacation. Their parents knew their children had arrived safely when they received a person-to-person call for “Mr. Spot” or “Ms. Fluffy."
See also: person
References in periodicals archive ?
The Global P2P Lending market report gives an exceptional, first-time present and attentive analysis of the size, patterns, division and lookout in the production and supply of P2P Lending on the world.
"Under the FSS administrative guidelines, the agency is looking into whether it has mislead customers regarding its P2P real estate investment products."
PROTECTION MECHANISM The most prominent rule that the FCA will introduce is a new cap on how much people can invest in P2P, meaning that retail customers will only be allowed to invest up to 10 per cent of their total investable assets in P2P agreements.
Yann Murciano, chief executive at P2P firm Blend Network, said: "We believe the measures promise to be a positive step forward for P2P platforms.
While P2Ps do not have a dedicated corridor similar to a train, which is what the proposed bus rapid transit (BRT) system for Metro Manila and Cebu would have (a subject of a previous editorial, Don't give up on the BRT, July 3, 2018), they nonetheless are able to overcome the common problems of bus travel in Metro Manila and other urban centers.
The recent liquidity crunch with NBFCs has also diverted a lot of borrowers to P2P Lending platforms.
In addition, P2P activity in the most prominent high-piracy countries, which include Russia, India, Brazil, the Netherlands and the U.S, is either constant or increasing.
Key findings include: Bank P2P is about 3% with active virtual bank users, and the average transfer is USD 450; it happens approximately twice a month; Venmo transfers average USD 25 whereas banks are about USD 450; more than 50% of Venmo users leave the money at Venmo to pay other Venmo users; most Venmo Users are between 20 -- 30 years old; and 100% Growth in Bank P2P -- 771 institutions offer P2P in some form or another in their Mobile Banking app or on their Internet Banking site.
The move marks a shift away from what CSCU Director of Payments Strategy Lou Grilli calls "pass-through," whereby money simply moves from one share draft account to another via the P2P app.
A centralized P2P system is one in which participants can freely join the network, but contact a central authority for certain required information.
In Korea, the Peer-to-Peer (P2P) lending companies are the most prominent in the FinTech sector.
Li and Loaec have identified an opportunity to bring P2P Protect's model to the US market.
Summary: Peer-to-peer (P2P) lending is catching on in India, but the risks for tech-savvy lenders are enormous.
In this book, author Cristina Trenta presents readers with a comprehensive examination of the taxation implications of digital sharing of services and products via legitimate peer to peer (P2P) services, as seen through the lens of the potential impact to the collection of value-added tax (VAT) in the European Union.