Tag: exchange

Patent

What is a 'Patent' A patent is a government license that gives the holder exclusive rights to a process, design or new...

Pareto Improvement

What is Pareto Improvement Pareto Improvement is defined as a change to a situation which results in one person becoming better off without anyone else...

Palisades Water Index

DefinitionThe Palisades Water Index is a modified equal-dollar weighted stock market index. It is designed to track the performance of companies engaged in the...

Penny Stock

DefinitionPenny stocks, also known as cent stocks in some countries, are common shares of small public companies that trade at low prices per share....

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...

Parity

What is 'Parity' Parity refers to two things being equal to each other. The term "par value" for a bond is similar...

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...

Quantity-Adjusting Option (Quanto Option)

What is 'Quantity-Adjusting Option - Quanto Option' A cash-settled, cross-currency derivative in which the underlying asset is denominated in a currency other...

Qualified Eligible Participant (QEP)

What is 'Qualified Eligible Participant - QEP' An individual who meets requirements to trade in different investment funds, such as futures and...

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