Super Finance Glossary
Over 10,000 financial glossary terms...
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Browsing by the letter "P"
Displaying next 200 results of 677
Perpendicular Spread
Definition: Option strategy involving the purchase of options with similar expiration dates and different exercise prices.
Definition: Option strategy involving the purchase of options with similar expiration dates and different exercise prices.
Perpetual Bond
Definition: Nonredeemable bond with no maturity date that pays regular interest rates indefinitely.
Definition: Nonredeemable bond with no maturity date that pays regular interest rates indefinitely.
Perpetual Inventory
Definition: Recordkeeping system in which book inventory is updated daily.
Definition: Recordkeeping system in which book inventory is updated daily.
Perpetuity
Definition: A constant stream of identical cash flows without end, such as a British consol.
Definition: A constant stream of identical cash flows without end, such as a British consol.
Perquisites
Definition: Personal benefits, including direct benefits, such as the use of a firm car or expense account for personal business, and indirect benefits, such as up-to-date office decoration.
Definition: Personal benefits, including direct benefits, such as the use of a firm car or expense account for personal business, and indirect benefits, such as up-to-date office decoration.
Personal Article Floater
Definition: Insurance policy attachment designed to cover specified personal valuables.
Definition: Insurance policy attachment designed to cover specified personal valuables.
Personal Exemption
Definition: Amount of money a taxpayer can exclude from personal income for each member of the household in calculation of a tax obligation.
Definition: Amount of money a taxpayer can exclude from personal income for each member of the household in calculation of a tax obligation.
Personal Identification Number (PIN)
Definition: Allow taxpayers to "sign" their tax returns electronically. The PIN, a five-digit self-selected number, ensures that electronically submitted tax returns are authentic. Most taxpayers can qualify to use a PIN.
Definition: Allow taxpayers to "sign" their tax returns electronically. The PIN, a five-digit self-selected number, ensures that electronically submitted tax returns are authentic. Most taxpayers can qualify to use a PIN.
Personal Income
Definition: Total income received from all sources, including wages, salaries, or rents, and the like.
Definition: Total income received from all sources, including wages, salaries, or rents, and the like.
Personal Investment Corporation (PIC)
Definition: A PIC is a term used in the banking industry to refer to an IBC. PICs are generally created for the private bank's client in order to hold the client's investment assets. A PIC and an IBC are analogous.
Definition: A PIC is a term used in the banking industry to refer to an IBC. PICs are generally created for the private bank's client in order to hold the client's investment assets. A PIC and an IBC are analogous.
Personal Tax View (of Capital Structure)
Definition: The argument that the difference in personal tax rates between income from debt and income from equity eliminates the disadvantage of the double taxation (corporate and personal) of income from equity.
Definition: The argument that the difference in personal tax rates between income from debt and income from equity eliminates the disadvantage of the double taxation (corporate and personal) of income from equity.
Personal Trust
Definition: An interest in an asset held by a trustee for the benefit of another person.
Definition: An interest in an asset held by a trustee for the benefit of another person.
Petrodollars
Definition: Deposits by countries that receive dollar revenues from the sale of petroleum to other countries; the term commonly refers to OPEC deposits of dollars in the Eurocurrency market.
Definition: Deposits by countries that receive dollar revenues from the sale of petroleum to other countries; the term commonly refers to OPEC deposits of dollars in the Eurocurrency market.
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