Tag: finance

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...
Participating preferred stock

Participating Preferred Stock

What is Participating Preferred Stock Participating preferred stock is a type of preference stock that gives the holder the right to participate in any additional...
Passive ETF

Passive ETF

What is a Passive ETF and how does it work A passive Exchange-Traded Fund (ETF) is a type of investment fund that aims to track...
Passive income

Passive Income

What is passive income and why should you care Passive income is a type of income that does not require active work to earn. This...
Partnership

Partnership

Partnerships are a great way to pool resources and expertise in order to achieve a common goal. By working together, partners can share the...
Past due

Past Due

What does 'Past Due' mean Past due is a loan payment that has not been made as of its due date. A borrower who is...

Net Asset Value

DefinitionNet asset value is the value of an entity's assets minus the value of its liabilities, often in relation to open-end or mutual funds,...

Capital Gains Tax

DefinitionA capital gains tax is a tax on capital gains, the profit realized on the sale of a non-inventory asset that was greater than...