The payment of money or other property by a party to a proceeding into the care of the court for later distribution in accordance with the suit's settlement or the court's judgment.See alsointerpleader. payor See payer. P.C. abbr. Personal computer; politically correct. See also probable cause, professional corporation, and protective custody. abbr. PCR Stands for polymerase chain reaction, the newest (at this writing) method of DNA analysis. Using PCR technique, it is possible to analyze a b...