DefinitionA capital gains tax is a tax on capital gains, the profit realized on the sale of a non-inventory asset that was greater than the amount realized on the sale. The most common capital gains are realized from the...
DefinitionNet asset value is the value of an entity's assets minus the value of its liabilities, often in relation to open-end or mutual funds, since shares of such funds registered with the U.S. Securities and Exchange Commission are redeemed...
What does 'Past Due' mean
Past due is a loan payment that has not been made as of its due date. A borrower who is past due may be subject to late fees, unless the borrower is still within a...
Partnerships are a great way to pool resources and expertise in order to achieve a common goal. By working together, partners can share the workload, reduce costs, and increase profits. Partnerships can be formed for any type of business,...
What is passive income and why should you care
Passive income is a type of income that does not require active work to earn. This can include things like dividends from stocks, interest from savings accounts, and rental income. While...
What is a Passive ETF and how does it work
A passive Exchange-Traded Fund (ETF) is a type of investment fund that aims to track the performance of a given market index, such as the S&P 500. Unlike an actively-managed...
What is Participating Preferred Stock
Participating preferred stock is a type of preference stock that gives the holder the right to participate in any additional dividends that are declared by the company, in addition to receiving a specified dividend. This...
DefinitionA party wall is a dividing partition between two adjoining buildings that is shared by the occupants of each residence or business. Typically, the builder lays the wall along a property line dividing two terraced houses, so that one...
What is 'Pass-Through Security' A pass-through security is a pool of fixed-income securities backed by a package of assets. A servicing intermediary collects the monthly payments from issuers and, after deducting a fee, remits or passes them...
DefinitionParticipatory Notes commonly known as P-Notes or PNs are instruments issued by registered foreign institutional investors to overseas investors, who wish to invest in the Indian stock markets without registering themselves with the market regulator, the Securities and Exchange...