The permanent of a square matrix $M = \left( m_{i,j} \right)$ is defined as follows:
$$ \operatorname{perm} (M) = \sum_{\sigma\in S_n}\prod_{i=1}^{n} m_{i,\sigma(i)} $$
The permanent is quite similar to the determinant of a square matrix, which is defined as follows
$$ \det(M) = \sum_{\sigma\in S_n} \operatorname{sign} (\sigma)\prod_{i=1}^{n} m_{i,\sigma(i)} $$
The determinant has an intuitive geometric interpretation. Is anything similar known about the permanent? If not, why does the signed sum of the permutations lend itself to a geometric interpretation whereas the unsigned sum does not?