Capital Gains Tax
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...
Net Asset Value
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,...
Partnership
Partnerships are a great way to pool resources and expertise in order to achieve a common goal. By working together, partners can share the...
Passive Income
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...
Passive ETF
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...
Participating Preferred Stock
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...
Party Wall
DefinitionA party wall is a dividing partition between two adjoining buildings that is shared by the occupants of each residence or business. Typically, the...
Pass-Through Security
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...
Participatory Notes
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...