Product Cycle

Product Cycle Production time taken for bringing in new or better products to sale point. … [Read more...]

Product Risk

Product Risk Mortgage pipeline risk arising when loans are held by lender in production or product inventory but he does not have a pre arranged sale deal established at a specified price to balance the loan. … [Read more...]

Production Payment Financing

Production Payment Financing Non-recourse financing based on assets where predetermined percentage share of revenue generated by selling the output of the project is diverted towards retirement of debt. … [Read more...]

Production-Flow Commitment

Production-Flow Commitment Allowance given by purchaser of loan to have loan quota each month to be delivered in installments. … [Read more...]

Profit Margin

Profit Margin Statistic to measure profitability. Calculated by measuring ratio of available earnings to stockholders in comparison with net sales. Formula: net income divided by revenue, both assessed over the same one-year period. … [Read more...]

Profitability Index

Profitability Index Also termed benefit-cost ratio. Calculated by dividing current or present value of expected cash flows by the original investment amount. … [Read more...]

Profitability Ratios

Profitability Ratios Tool to measure profitability of company. E.g.: Rate of return ratio evaluates performance in comparison with magnitude of investment. Profit margin evaluates performance with respect to sales. … [Read more...]

Pro forma Financial Statements

Pro forma Financial Statements Accounting practice of adjusting financial statements so that planned dealings or projected dealings are reflected. … [Read more...]

Program Trades

Program Trades Synchronizing the trades by simultaneous execution of trade instructions on several different stock dealings at the same time. Refer block trade, basket trade. … [Read more...]

Program Trading

Program Trading Automatic trading system where trades take place based on signals captured from computer programs. Traders can directly execute transactions in this manner by linking to the computer system of the market. … [Read more...]

Progress Review

Progress Review Tool to measure financial viability of project requiring capital investment by means of periodic review. … [Read more...]

Progressive Tax System

Progressive Tax System System of taxation where income increases may result in average tax rate increases but never accounts for tax rate decrease. … [Read more...]

Project Financing

Project Financing Asset based funding used by firms to allocate finances for a specific group of assets on basis of special consideration. … [Read more...]

Project Loan Certificate (PLC)

Project Loan Certificate (PLC) Program initiated by Ginnie Mae for securitizing co insured developmental home loans given for hospital, school and similar projects. The underlying loans are FHA insured. … [Read more...]

Project Loan Securities

Project Loan Securities Mortgage backed securities issued on mortgages for large properties. Backed by FHA insured underlying loans. Maybe primarily used with developmental projects. … [Read more...]

Project Loans

Project Loans Mortgages that are given to finance multi family residential accommodation, medical treatment facilities and other developmental projects. Such loans are backed by HUD and insured by FHA. … [Read more...]

Projected Benefit Obligation (PBO)

Projected Benefit Obligation (PBO) Also refer to accumulated benefit obligation. Technique to evaluate liability of pension plan on date of calculation. Assumption is that plan is continuing without end in near future. … [Read more...]

Projected Maturity Date

Projected Maturity Date Final payment that occurs at the end of the time when cash flow is expected to stop. Used with CMOs. … [Read more...]

Promissory Note

Promissory Note Payment promise in writing. … [Read more...]

Promoter

Promoter Individual or entity that aids in raising funds for investment. Promoters offer use partnerships and direct investment to raise money. … [Read more...]