Tag: economy
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...
Participatory Notes
DefinitionParticipatory Notes commonly known as P-Notes or PNs are instruments issued by registered foreign institutional investors to overseas investors, who wish to invest in...
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...
Party Wall
DefinitionA party wall is a dividing partition between two adjoining buildings that is shared by the occupants of each residence or business. Typically, the...
Paradigm Shift
What is a 'Paradigm Shift' A paradigm shift is a major change in how some process is accomplished. A paradigm shift can...
Participation Rate
DefinitionThe workforce or labour force is the labour pool in employment. It is generally used to describe those working for a single company or...
Patent
What is a 'Patent' A patent is a government license that gives the holder exclusive rights to a process, design or new...
Private Equity
DefinitionPrivate equity typically refers to investment funds organized as limited partnerships that are not publicly traded and whose investors are typically large institutional investors,...
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...
Participating Policy
DefinitionA with-profits policy or participating policy is an insurance contract that participates in the profits of a life insurance company. The company is often...