Preauthorized Checks (PACs)

Preauthorized Checks (PACs) Payer checks authorized in advance and used to make safe payments. Written by payee or his bank and deposited in the account of the payee for settlement. … [Read more...]

Public Warehouse

Public Warehouse Independent warehouse operated by a non attached company that functions on premises owned by the company. … [Read more...]

Pac-Man Strategy

Pac-Man Strategy Defense used when facing business takeover. The business that is identified for takeover launches a tender for the prospective acquirer’s business. Random Finance Terms for the Letter P P&L P&S P2P P/E P/E Ratio P/E Effect PSA Pac-Man … [Read more...]

Principal Amount

Principal Amount Also termed as principal; denotes the actual amount borrowed or lent. … [Read more...]

Private Placement

Private Placement Direct sale of securities like bonds to restricted group of buyers. … [Read more...]

Project Notes (PNs)

Project Notes (PNs) Municipality sponsored notes aimed at raising funds to finance federal programs. Projects financed thus are usually housing and urban improvement. PNs are backed by the Dept of Housing and Urban Development of the U.S. government. … [Read more...]

Perpetual Warrants

Perpetual Warrants Unlimited life warrants that come without expiry limits. … [Read more...]

P&S

P&S Statement showing purchase and sale, given by broker. Shows the final position of customer’s account after last transaction has been executed. Random Finance Terms for the Letter P P&L P&S P2P P/E P/E Ratio P/E Effect PSA Pac-Man Strategy Pairoff Paper … [Read more...]

Performance Shares

Performance Shares Proportion of stock disbursed to managers as a reward for performance. Performance is measured in terms of earnings per share and other parameters. Helps motivate management to actively work towards the goal of shareholders in improving business. … [Read more...]

Passive Portfolio Strategy

Passive Portfolio Strategy Investment strategy aiming at diversifying the portfolio in line with an index to ensure good returns. Here securities are simply chosen to match the index rather than on any study of their future prospects. For e.g.: a portfolio consisting of all S&P 500 … [Read more...]

P&L

P&L Stands for profit and loss statement. Random Finance Terms for the Letter P P&L P&S P2P P/E P/E Ratio P/E Effect PSA Pac-Man Strategy Pairoff Paper … [Read more...]

P2P

P2P In finance, denotes path to profitability. Strategy or approach followed by new business to transform into a profit making concern. Random Finance Terms for the Letter P P&L P&S P2P P/E P/E Ratio P/E Effect PSA Pac-Man Strategy Pairoff Paper … [Read more...]

P/E

P/E Refer: Price/Earnings ratio. Random Finance Terms for the Letter P P&L P&S P2P P/E P/E Ratio P/E Effect PSA Pac-Man Strategy Pairoff Paper … [Read more...]

P/E Ratio

P/E Ratio Stands for price per share divided by annual earnings for each share. Measures fair stock valuation in market. A share selling at $10 and earning $2 over a year has a value equal to 5 times as much as it earns. Random Finance Terms for the Letter … [Read more...]

P/E Effect

P/E Effect Effect where portfolio with stocks showing low P/E ratios display higher returns (after adjusting for risk) than those having high P/E ratio. Random Finance Terms for the Letter P P&L P&S P2P P/E P/E Ratio P/E Effect PSA Pac-Man Strategy Pairoff Paper … [Read more...]

PSA

PSA Used to manage risk inherent in prepayment. Assumes increase in prepayments with a cap at 30 months. Helps assess speed of prepayment in new loans. 0.2% is the standard increase amount denoting a 2% increase in rate every month until the 30th month. Random Finance Terms … [Read more...]

Pairoff

Pairoff Repurchase or buy back to set off or cancel, in effect, a previous sale of securities. Random Finance Terms for the Letter P P&L P&S P2P P/E P/E Ratio P/E Effect PSA Pac-Man Strategy Pairoff Paper … [Read more...]

Paper

Paper Instruments available in the money market such as commercial paper. Random Finance Terms for the Letter P P&L P&S P2P P/E P/E Ratio P/E Effect PSA Pac-Man Strategy Pairoff Paper … [Read more...]

Paper Gain (Loss)

Paper Gain (Loss) Difference between market price and cost of acquisition of securities in portfolio that translates into unrealized capital gains. Random Finance Terms for the Letter P Paper Gain (Loss) Par Value Parallel Loan Parallel Shift in the Yield … [Read more...]

Par Value

Par Value Amount that issuer will pay back when maturity date arrives. Also termed face value or maturity value. Random Finance Terms for the Letter P Paper Gain (Loss) Par Value Parallel Loan Parallel Shift in the Yield Curve Parameter Parity Value Partial … [Read more...]