Tag: economist
Call Privilege
What is 'Call Privilege' The provision in a bond indenture that gives the bond issuer the option to redeem all or part...
Cancellation
What is 'Cancellation'
A cancellation is a notice made by a broker, to his client, informing him an erroneous trade was made and is being...
Paper Dealer
What is 'Paper Dealer' A market maker that buys and sells extremely short-term corporate bonds called commercial paper. A paper dealer is...
Pass-Through Security
What is 'Pass-Through Security' A pass-through security is a pool of fixed-income securities backed by a package of assets. A servicing intermediary...
Participation Mortgage
DefinitionA participation mortgage or participating mortgage is a mortgage loan, or sometimes a group of them, in which two or more persons have fractional...
Paradox Of Thrift
DefinitionThe paradox of thrift is a paradox of economics. The paradox states that an increase in autonomous saving leads to a decrease in aggregate...
Palladium
What is Palladium and what are its uses
Palladium is a chemical element with the symbol PD and atomic number 46. It is a rare...
Panic Selling
DefinitionPanic selling is a wide-scale selling of an investment which causes a sharp decline in prices. Specifically, an investor wants to get out of...
Parasitic Advertising
What is 'Parasitic Advertising' A type of marketing that promotes one product at the cost of lost sales for another product. Parasitic...
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...