Pass-Through Securities

Pass-Through Securities Derivative securities based on receivables from a package of other assets like mortgages. The holder of the pass through security is entitled to the income generated by the debt. For example, mortgage backed securities. Random Finance Terms for the … [Read more...]

Pass-Through Coupon Rate

Pass-Through Coupon Rate The rate of interest paid on securities based on underlying debts. Usually the difference between this rate and the rate on the underlying debt equals the fees charged for guaranteeing and servicing. Random Finance Terms for the Letter P Passive … [Read more...]

Passive Investment Strategy

Passive Investment Strategy Refer: passive management. Strategy where passive management is followed. Random Finance Terms for the Letter P Passive Portfolio Strategy Pass-Through Rate Pass-Through Securities Pass-Through Coupon Rate Passive Investment Strategy Passive … [Read more...]

Passive Investment Management

Passive Investment Management Acquiring portfolio with high level of diversification to match performance of a well performing market index. Random Finance Terms for the Letter P Passive Portfolio Strategy Pass-Through Rate Pass-Through Securities Pass-Through Coupon … [Read more...]

Passive Portfolio

Passive Portfolio Portfolio based on a market index. Random Finance Terms for the Letter P Passive Portfolio Strategy Pass-Through Rate Pass-Through Securities Pass-Through Coupon Rate Passive Investment Strategy Passive Investment Management Passive Portfolio Path … [Read more...]

Path Dependent Option

Path Dependent Option Value of an option that depends not just on final price of asset underlying it but on a price sequence. Random Finance Terms for the Letter P Passive Portfolio Strategy Pass-Through Rate Pass-Through Securities Pass-Through Coupon Rate Passive … [Read more...]

Payable Through Drafts

Payable Through Drafts Payment method used when transactions are carried out by company personnel based in non- central locations. The bank of the firm making payment presents a draft to the firm for approval. Once approval is received the firm returns the draft to the bank and … [Read more...]

Payables

Payables Refer: Accounts payable. Random Finance Terms for the Letter P Passive Portfolio Strategy Pass-Through Rate Pass-Through Securities Pass-Through Coupon Rate Passive Investment Strategy Passive Investment Management Passive Portfolio Path Dependent … [Read more...]

Payable on Death

Payable on Death Understanding between financial institution and customer, enabling beneficiaries to lay claim to customer’s assets on his death. Random Finance Terms for the Letter P Payable on Death Payback Paydown Payment Date Payment Float Payments Netting Payments … [Read more...]

Payback

Payback Time taken to recoup initial costs incurred on a project. Time value of the expenses is not taken into consideration. Random Finance Terms for the Letter P Payable on Death Payback Paydown Payment Date Payment Float Payments Netting Payments Pattern Payout … [Read more...]

Paydown

Paydown Related to Treasury refunds. Difference between the par value of new bonds being sold and face value of maturing securities. Random Finance Terms for the Letter P Payable on Death Payback Paydown Payment Date Payment Float Payments Netting Payments … [Read more...]

Payment Date

Payment Date The date of payment for dividends on which checks are dispatched to shareholders of record. Random Finance Terms for the Letter P Payable on Death Payback Paydown Payment Date Payment Float Payments Netting Payments Pattern Payout … [Read more...]

Payment Float

Payment Float Checks written by company but not yet cleared at the bank. Random Finance Terms for the Letter P Payable on Death Payback Paydown Payment Date Payment Float Payments Netting Payments Pattern Payout Ratio Pay-up Payment-In-Kind (PIK) bond … [Read more...]

Payments Netting

Payments Netting Adjusting various fund transfers between affiliates so that only final payables or netted amounts are adjusted in accounts. May happen multi laterally (among all affiliates) or bilaterally (between affiliate pairs). Random Finance Terms for the Letter … [Read more...]

Payments Pattern

Payments Pattern Represents the collection schedule or typical pattern seen in receivables. Measures the likelihood that by a certain time an account would be settled. Random Finance Terms for the Letter P Payable on Death Payback Paydown Payment Date Payment … [Read more...]

Payout Ratio

Payout Ratio Share of earnings disbursed to common shareholders as dividend in cash. Formula: Company’s cash dividend during a period / Company earnings in the same period Random Finance Terms for the Letter P Payable on Death Payback Paydown Payment Date Payment … [Read more...]

Pay-up

Pay-up Willingness of financial institution or borrower to garner funds even at higher interest rates. Or cash loss incurred from a swap into a bond with higher price. Random Finance Terms for the Letter P Payable on Death Payback Paydown Payment Date Payment … [Read more...]

Payment-In-Kind (PIK) bond

Payment-In-Kind (PIK) bond A special offer bond that allows issuer the option to fulfill coupon payments with additional bonds or in cash during a set initial period. Random Finance Terms for the Letter P Payable on Death Payback Paydown Payment Date Payment … [Read more...]

Peak

Peak Changeover point where expansion in economy gives way to beginning of contraction. Random Finance Terms for the Letter P Peak Pecking-Order View (of Capital Structure) Pension Benefit Guaranty Corporation (PBGC) Pension Plan Pension Sponsors Pent Up … [Read more...]

Pecking-Order View (of Capital Structure)

Pecking-Order View (of Capital Structure) Theory that the costs of getting external funding, especially in case of adverse selection, brings about a situation where businesses have a pecking order or order of preference for funding sources when other parameters are comparable. … [Read more...]