Tag: business
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...
Panel Bank
What is 'Panel Bank' The name given to the group of banks contributing to the Euro Interbank Offer Rate (EURIBOR). This group...
Partial Release
What is 'Partial Release' A mortgage provision allowing some of the pledged collateral to be released from the mortgage contract if certain...
Harvard Business School
DefinitionHarvard Business School is the graduate business school of Harvard University in Boston, Massachusetts. The school offers a large full-time MBA program, doctoral programs,...
National Bank
What is a 'National Bank' A national bank, in the United States, is a commercial bank chartered by the comptroller of the...
Paraplanning
What is 'Paraplanning' A relatively new position within the financial planning industry that involves the performance of the administrative duties of a...
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...
Profit Margin
DefinitionProfit margin, net margin, net profit margin or net profit ratio is a measure of profitability. It is calculated by finding the net profit...
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...