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Pacific Rim
The Pacific Rim is a geographic concept that encompasses  more...
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Paper Profit
A paper profit is a unrealized gain on a security  more...
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Par Value
Par value is the face or stated value of a  more...
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Passive Income
Passive income is income not earned from work. The  more...
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Passive Loss
In US tax regulations, a passive loss is a loss  more...
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Patent Pending
In the US, the phrase patent pending indicates that a  more...
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Payback Period
In corporate finance, the payback period is a simple measure  more...
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Payout Ratio
The payout ratio, sometimes called the dividend payout ratio, is  more...
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PEG Ratio
The PEG ratio is a formula used to estimate a  more...
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Pension Benefit Guaranty Corporation
The Pension Benefit Guaranty Corporation is a Federal corporation that  more...
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Pension Fund
A pension fund is an entity set up to collect  more...
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Pension Plan
A pension plan is an agreement between an employer and  more...
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Per Capita Income
Per capita income is the average income for each person  more...
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Per Diem
A per diem is a daily allowance for expenses.  more...
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Permanent Life Insurance
Permanent life insurance is form of indemnity that offers extended  more...
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Personal Consumption Expenditures
Personal consumption expenditures, also known as PCE, are all funds  more...
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Personal Exemption
The personal exemption is a dollar amount excluded from taxable  more...
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Phantom Income
Phantom income is any income that is reportable as taxable  more...
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Piercing Pattern
A piercing pattern is a candlestick charting pattern that can  more...
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Piggyback Loan
A piggyback loan is a second mortgage used to add  more...
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Pink Sheets
The Pink Sheets is an electronic quotation system that provides  more...
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PMI
PMI, or Private Mortgage Insurance, is insurance that indemnifies a  more...
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Point-and Chart
A point-and-figure chart shows filtered price movements of a stock  more...
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Portfolio Insurance
Portfolio insurance is a strategy used to reduce risk and  more...
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Portfolio Management
Determining the mix of assets to hold in a portfolio  more...
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Portfolio Manager
A portfolio manager is the asset management professional who makes  more...
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Portfolio Turnover
Portfolio turnover refers to the measure of trading activity in  more...
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Pound
The pound is a unit of currency. The pound,  more...
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Power of Attorney
A power of attorney is a legal instrument used to  more...
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Pre-Existing Conditions
Pre-existing conditions are medical conditions or diseases that existed before  more...
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Precious Metals
Precious metals are those scarce metallic elements with enough economic  more...
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Predatory Lending
Predatory lending refers to practices used by certain lenders do  more...
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Preferred Shares
Preferred shares are a hybrid form of capital that have  more...
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Premium
In options trading, the premium is the total price of  more...
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Prepayment Penalty
A prepayment penalty is a type of finance charge paid  more...
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Price Fixing
Price fixing is an agreement by multiple competitors to set,  more...
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Price Gap
A price gap is simply an area within a particular  more...
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Price Index
A price index measures the changes over time in prices  more...
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Price to Cash Flow Ratio
The price to cash flow ratio is computed as the  more...
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Price to Earnings Ratio
The price to earnings ratio (P/E) is the stock price  more...
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Price to Sales Ratio
The price to sales ratio (PSR) is computed as the  more...
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Prime Rate
In the US, the prime rate was historically defined as  more...
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Principal Residence
Principal residence refers to the main home where a person  more...
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Pro Forma
Pro forma financial statements are financial statements that include projections  more...
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Pro Rata
Pro rata means in proportion to. Thus pro rata is  more...
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Producer Price Index
The Producer Price Index (PPI) comprises a group of  more...
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Profit and Loss Statement
The profit and loss statement (or income statement, or P&L)  more...
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Profit Margin
Profit margin is shorthand for net profit margin, or earnings  more...
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Profit Motive
In the free market economy, the profit motive is the  more...
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Profit-Sharing
Profit-sharing is an arrangement between an employer and employees in  more...
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Progressive Tax
A progressive tax levies higher taxes on those of greater  more...
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Promissory Note
In law, a promissory note is a contract that involves  more...
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Proxy Fight
A proxy fight is a strategy typically used during a  more...
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Proxy Statement
A proxy statement contains information regarding an issue that needs  more...
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Proxy Vote
A proxy vote is a vote by one entity on  more...
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Public Company
A public company is a company that has issued securities  more...
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Public Domain
In law, to say a piece of knowledge, invention, or  more...
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Public Offering
A public offering is an invitation to participate in a  more...
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Public Relations
Public relations is the effort to spread interest and promote  more...
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Purchasing Power Parity
Purchasing power parity calculates exchange rates in terms of how  more...
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Put
In options trading, a put is the right, but not  more...
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Put Option
In options trading, a put option is a bet that  more...
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Put/Call Ratio
The put/call ratio is the volume of put options divided  more...
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Pyramid Scheme
A pyramid scheme is an illegal "investment" in which vested  more...
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