DefinitionPanic selling is a wide-scale selling of an investment which causes a sharp decline in prices. Specifically, an investor wants to get out of an investment with little regard of the price obtained. The selling activity is problematic because...
What is Palladium and what are its uses
Palladium is a chemical element with the symbol PD and atomic number 46. It is a rare and lustrous silvery-white metal found in sulfide deposits and used regularly in electronic applications. Palladium...
What are pari-mutuel revenues and how are they generated
Pari-mutuel revenues are a type of betting where the total payouts are calculated based on the total amount of money wagered, minus a small fee for the house. This system is...
What is 'Paris Hilton Stock Index' A stock index comprised of companies associated with the socialite Paris Hilton. Some investors conceive her influence on the consumer spending habits of her fans is material enough to give these...
Did you know that you could receive a parsonage allowance? A parsonage allowance is a tax-free housing allowance given to ministers, priests, and rabbis. Let's take a closer look at what a parsonage allowance is, who is eligible for...
What is a 'Par Yield Curve' A par yield curve is a graph of the yields on hypothetical Treasury securities with prices at par. On the par yield curve, the coupon rate will equal the yield-to-maturity of...
What is 'Partial Release' A mortgage provision allowing some of the pledged collateral to be released from the mortgage contract if certain conditions are met. Explaining 'Partial Release' In other words, the partial release allows...
What is 'Panel Bank' The name given to the group of banks contributing to the Euro Interbank Offer Rate (EURIBOR). This group is made up of the largest participants within the Euro money market. The panel bank...
DefinitionA parallel loan is two loans taken out by two pairs of companies in different countries from local lenders with the aim of swapping the resulting loans in different currencies. It was an early form of currency swap. Parallel...
DefinitionPenny stocks, also known as cent stocks in some countries, are common shares of small public companies that trade at low prices per share. Penny Stock A Penny stock is a stock that trades at a low market capitalization...