What is 'Passive Activity' Passive activity is activity in which the taxpayer did not materially participate in during the tax year. Internal...
DefinitionPairing Off is an album by saxophonist Phil Woods' Septet recorded in 1956 and released on the Prestige label. Pairing Off What is...
DefinitionA pension fund, also known as a superannuation fund in some countries, is any plan, fund, or scheme which provides retirement income. Pension Fund...
DefinitionThe Palisades Water Index is a modified equal-dollar weighted stock market index. It is designed to track the performance of companies engaged in the...
DefinitionThe paradox of thrift is a paradox of economics. The paradox states that an increase in autonomous saving leads to a decrease in aggregate...
DefinitionThe term patent cliff refers to the phenomenon of patent expiration dates and an abrupt drop in sales that follows for a group of...
What is 'Passbook Loan' A personal loan extended to a savings-account holder by the custodial bank. Passbook loans use the balance of...
DefinitionA participation mortgage or participating mortgage is a mortgage loan, or sometimes a group of them, in which two or more persons have fractional...
What is Pareto Improvement
Pareto Improvement is defined as a change to a situation which results in one person becoming better off without anyone else...
What is 'Pairoff' 1. A purchase of securities to offset a previously transacted sale of the same security. 2. A...