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Parity
What is 'Parity' Parity refers to two things being equal to each other. The term "par value" for a bond is similar...
Paper Trade
What is 'Paper Trade' A paper trade refers to using simulated trading to practice buying and selling securities without actual money being...
Impose
What is 'Impose' The act of placing a fee, levy, tax or charge on an asset or transaction to the detriment of...
Macroeconomics
DefinitionMacroeconomics is a branch of economics dealing with the performance, structure, behavior, and decision-making of an economy as a whole. This includes regional, national,...
Handle
What is a 'Handle' A handle is the whole number part of a price quote. In a quote the handle could be...
Put Option
DefinitionIn finance, a put or put option is a stock market device which gives the owner of a put the right, but not the...
Profit and Loss Statement
DefinitionAn income statement or profit and loss account is one of the financial statements of a company and shows the company's revenues and expenses...
Paris Pair
What is 'Paris Pair' The nickname for the U.S. Dollar/French Franc currency pair prior to France's conversion to the Euro. Since the...
Pass-Through Rate
What is the 'Pass-Through Rate' The pass-through rate is the rate on a securitized asset pool -- such as a mortgage-backed security...
Parity Bond
What is 'Parity Bond' Two or more bond issues with equal rights to one another. In other words, a parity bond is...