Tag: economics
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...
Par Yield Curve
What is a 'Par Yield Curve' A par yield curve is a graph of the yields on hypothetical Treasury securities with prices...
Parsonage Allowance
Did you know that you could receive a parsonage allowance? A parsonage allowance is a tax-free housing allowance given to ministers, priests, and rabbis....
Pari-Mutuel Revenues
What are pari-mutuel revenues and how are they generated
Pari-mutuel revenues are a type of betting where the total payouts are calculated based on 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...
Private Mortgage Insurance
What is Private Mortgage Insurance
Private mortgage insurance is insurance that protects a lender in the event that a borrower defaults on a conventional home...
Paper Money
DefinitionPaper Money is the second album by the American hard rock band Montrose. It was produced by Ted Templeman and is the band's final...