Tag: accounting
Callable Security
What is 'Callable Security' A security with an embedded call provision that allows the issuer to repurchase or redeem the security by...
Called Away
What is 'Called Away' A term used to describe the elimination of a contract due to the obligation of delivery. This occurs...
Callable Preferred Stock
What is a 'Callable Preferred Stock' A callable preferred stock is a type of preferred stock in which the issuer has the...
Past Due Balance Method
What is 'Past Due Balance Method' A system for calculating interest charges based on any outstanding loan or credit charges that remain...
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...
Past Due
What does 'Past Due' mean
Past due is a loan payment that has not been made as of its due date. A borrower who is...
Ponzi Scheme
DefinitionBy definition, a Ponzi scheme is a fraudulent investment that involves the payment of purported returns to existing investors from funds contributed by new...
Pairoff
What is 'Pairoff' 1. A purchase of securities to offset a previously transacted sale of the same security. 2. A...
Pension Fund
DefinitionA pension fund, also known as a superannuation fund in some countries, is any plan, fund, or scheme which provides retirement income. Pension Fund...
Pairing Off
DefinitionPairing Off is an album by saxophonist Phil Woods' Septet recorded in 1956 and released on the Prestige label. Pairing Off What is...