Pension Benefit Guaranty Corporation (PBGC) Non-profit Federal agency created by ERISA regulations in 1974 by to guarantee pensions of select private companies. Random Finance Terms for the Letter P Peak Pecking-Order View (of Capital Structure) Pension Benefit Guaranty … [Read more...]
Pension Plan
Pension Plan Post retirement benefit fund 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 Demand Perfect Capital Market Perfect competition Perfect … [Read more...]
Pension Sponsors
Pension Sponsors Businesses having pension plans for employees. 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 Demand Perfect Capital Market Perfect … [Read more...]
Pent Up Demand
Pent Up demand Strong increase in demand for a service or product that normally follows a subdued demand period. Random Finance Terms for the Letter P Peak Pecking-Order View (of Capital Structure) Pension Benefit Guaranty Corporation (PBGC) Pension Plan Pension … [Read more...]
Perfect Capital Market
Perfect Capital Market A zero arbitrage opportunity market. 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 Demand Perfect Capital Market Perfect … [Read more...]
Perfect competition
Perfect competition Example of ideal market where no participant is big enough to impact the prevailing pricing by sheer size of transactions alone. Random Finance Terms for the Letter P Peak Pecking-Order View (of Capital Structure) Pension Benefit Guaranty Corporation … [Read more...]
Perfect Hedge
Perfect Hedge Outcome of a transaction where gain or loss from asset and the hedge are equally balanced against each other. Random Finance Terms for the Letter P Peak Pecking-Order View (of Capital Structure) Pension Benefit Guaranty Corporation (PBGC) Pension … [Read more...]
Perfect Market View (of capital structure)
Perfect Market View (of capital structure) Theory that in perfect financial market conditions, there is no impact on a company’s performance from its capital structure. Random Finance Terms for the Letter P Peak Pecking-Order View (of Capital Structure) Pension Benefit … [Read more...]
Perfect Market View (of dividend policy)
Perfect Market View (of dividend policy) Theory that in perfect capital market conditions, dividend policy of a company is irrelevant. … [Read more...]
Perfectly Competitive Financial Markets
Perfectly Competitive Financial Markets Financial markets characterized by zero cost trading, free access to financial market, free availability of information pertaining to borrowing and lending, presence of several traders so that no single trader can influence prices. Markets … [Read more...]
Perfected First Lien
Perfected First Lien Primary lien duly recorded with the relevant government agency to enable lender to lay a legal claim if borrower fails to fulfill terms. … [Read more...]
Performance Attribution Analysis
Performance Attribution Analysis Analysis and break up of investment decisions taken by money manager of a portfolio to identify successes and failures, and causes for both. Main points addressed are: The sources of additional value, Significance of timing in short term investment … [Read more...]
Performance Evaluation
Performance Evaluation The evaluation of a manager's performance, which involves, first, determining whether the money manager added value by outperforming the established benchmark (performance measurement) and, second, determining how the money manager achieved the calculated … [Read more...]
Performance Measurement
Performance Measurement The returns achieved by the money manager of a portfolio over a given time frame. … [Read more...]
Perpetuity
Perpetuity Continuous flow of similar cash flows without stoppage at a specific time. … [Read more...]
Perquisites
Perquisites Advantages or benefits derived by employee in direct or indirect form such as use of company car or accommodation or state of art office interiors. … [Read more...]
Personal Tax View (of capital structure)
Personal Tax View (of capital structure) Theory that differential tax rates for personal tax for debt income and equity income removes any disadvantage arising from taxing equity income twice- once at corporate level and once at personal level. … [Read more...]
Personal Trust
Personal Trust A stake in any asset that is held by trustees and will be beneficial to another individual. … [Read more...]
Personal Use Property
Personal Use Property Property owned and held for personal use (For example, farmhouse, vacation home) as opposed to property used or held for use in business (testing ground, warehouse). … [Read more...]
Philadelphia Stock Exchange (PHLX)
Philadelphia Stock Exchange (PHLX) Exchange where European and U.S. overseas currency options are traded on basis of spot exchange rates … [Read more...]