Phone Switching Transferring shares between funds, via phone instructions, when all the funds belong to same mutual fund family. Also possible with different funds if held by participating broker in street name. Charges may be recovered for such transfers. … [Read more...]
PIBOR (Paris Interbank Offer Rate)
Filed Under: p by
PIBOR (Paris Interbank Offer Rate) Rate of interest charged on deposits for interbank deals in Eurocurrency market. These rates are quoted in Paris. … [Read more...]
Pickup
Filed Under: p by
Pickup Yield enhancement that arises from a swap of a group of bonds for higher coupon bonds. … [Read more...]
Picture
Filed Under: p by
Picture Sale and purchase prices quoted for a security by a broker. … [Read more...]
Pie Model of Capital Structure
Filed Under: p by
Pie Model of Capital Structure Representation of debt/ equity ratio of a business. Depicted in the form of a pie denoting capital market with slices denoting the share of firm’s value in this total. … [Read more...]
Pit
Filed Under: p by
Pit Also called Ring. Area designated in trading floor of exchange for transacting in commodities, futures and options. … [Read more...]
Pit Committee
Filed Under: p by
Pit Committee Exchange appointed committee to finalize settlement price levels of futures deals every day. … [Read more...]
Pitch Book
Filed Under: p by
Pitch Book Book or brochure describing the main characteristics or attributes of a business. Created by the business to aid in sales and marketing. … [Read more...]
Pivot
Filed Under: p by
Pivot Security price level that the asset fails to go beyond or fall below. Or price that security passes when volume increases. Also refer: support level, resistance level. … [Read more...]
Placement
Filed Under: p by
Placement Act by a financial institution of depositing Eurodollars in another financial institution, like a bank. Can be viewed as sale of Eurodollars. … [Read more...]
Plain Vanilla
Filed Under: p by
Plain Vanilla Simple, uncomplicated derivative instrument. Typically refers to swaps, or similar derivatives that are issued with standard or common terms and conditions. … [Read more...]
Plan for Reorganization
Filed Under: p by
Plan for Reorganization Related to bankruptcy. Strategy for business reorganization under Chapter 11. … [Read more...]
Plan Sponsors
Filed Under: p by
Plan Sponsors Those entities that set up and manage pension plans. May include private entities, state or other government bodies carrying out the action for employees. Employee unions also carry out these activities to benefit members. It is also possible for such entities to be … [Read more...]
Planned Amortization Class CMO
Filed Under: p by
Planned Amortization Class CMO - CMO bond type that directs contributions towards a sinking fund. The redirection is carried out in line with predetermined schedules. Here principal payments are first directed to sinking fund on a priority basis before other CMO classes can lay … [Read more...]
Planned Capital Expenditure Program
Filed Under: p by
Planned Capital Expenditure Program Schedule or program of capital expenditure outlined in financial plan of a business. … [Read more...]
Planned Financing Program
Filed Under: p by
Planned Financing Program Schedule or program of long and short term funding as described in the financial plan of a business. … [Read more...]
Planning Horizon
Filed Under: p by
Planning Horizon The future projection timeline that a model can predict. … [Read more...]
Planned Obsolescence
Filed Under: p by
Planned Obsolescence Manufacturing strategy to produce goods that become obsolete within a specific time frame. Used to create recurring demand for the product. … [Read more...]
Plowback Rate
Filed Under: p by
Plowback Rate Refer: retention rate. Company’s earnings post dividend payout. Amount of earnings that re reinvested in the business. … [Read more...]
Plug
Filed Under: p by
Plug Variable to address the financial slack in the financial plan of a company. … [Read more...]
Letter of Comment