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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...
Paper Millionaire
What is 'Paper Millionaire' An individual who has achieved a high net worth as a result of the large total market value...
Quarterly Income Preferred Securities (QUIPS)
What is 'Quarterly Income Preferred Securities - QUIPS' Shares that are an interest in a limited partnership that exists solely for the...
Qualifying Annuity
What is 'Qualifying Annuity' This type of annuity is similar to any other, except that it has been approved by the IRS...
Quantity Supplied
What is 'Quantity Supplied' In economics, quantity supplied describes the amount of goods or services that are supplied at a given market...
Qualified Pre-Retirement Survivor Annuity (QPSA)
Qualified Pre-Retirement Survivor Annuity (QPSA) What is 'Qualified Pre-Retirement Survivor Annuity - QPSA' A death benefit that is paid to the...
Qualified Trust
What is 'Qualified Trust' A tax-advantaged fiduciary relationship between an employer and an employee in the form of a stock bonus, pension,...