Partial Release
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 some of your collateral can be taken off the mortgage once a certain amount of the loan has been paid....
Panel Bank
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 complies daily quotes on the interest rates that banks offer one another for overnight loans. The resulting figure, the EURIBOR,...
Parallel Loan
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 Loan What is 'Parallel Loan' A type of foreign exchange loan agreement that was a precursor to currency...
Penny Stock
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 and is outside the major market exchanges. These stocks have a lot of risk involved because they have little disclosure,...
Price Earnings Ratio
DefinitionThe price/earnings ratio is the ratio of a company's stock price to the company's earnings per share. The ratio is used in valuing companies. Price Earnings Ratio The P/E Ratio is the calculation for valuing a company. It measures the current share price relative to the per-share earnings, also known as the price multiple or earnings multiple. Calculation: Market...
Paris Stock Exchange (PAR) .PA
What is 'Paris Stock Exchange (PAR) .PA' This exchange, presently known as the NYSE Euronext (NYX), trades stocks as well as derivatives and is home to the CAC 40 index of the French stock market. However, although this index is comprised mostly of French enterprises, over half of the companies on it are controlled by foreign corporations. NYX strives to...
Paris Club
DefinitionThe Paris Club is a group of officials from major creditor countries whose role is to find coordinated and sustainable solutions to the payment difficulties experienced by debtor countries. As debtor countries undertake reforms to stabilize and restore their macroeconomic and financial situation, Paris Club creditors provide an appropriate debt treatment. Paris Club creditors provide debt treatments to debtor...
Parabolic Indicator
What is the 'Parabolic Indicator' The parabolic indicator is a technical analysis strategy that uses a trailing stop and reverse method called "SAR," or stop-and-reversal, to determine good exit and entry points. Explaining 'Parabolic Indicator' Further Reading Economic analysis of power generation from parabolic trough solar thermal plants for the Mediterranean...
Parking
What is 'Parking' Parking in stock trading is the practice of selling shares to another party with the understanding that the original owner will buy them back after a short time. Explaining 'Parking' Stock parking is an illegal measure by which a broker arranges to sell shares to another party to reduce their position for...
Parking Violation
DefinitionA parking violation is the act of parking a motor vehicle in a restricted place or for parking in an unauthorized manner. It is against the law virtually everywhere to park a vehicle in the middle of a highway or road; parking on one or both sides of a road, however, is commonly permitted. However, restrictions apply to such...