Tag: finance

DefinitionThe price/earnings ratio is the ratio of a company's stock price to the company's earnings per share. The ratio is used in valuing companies....

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

DefinitionA parallel loan is two loans taken out by two pairs of companies in different countries from local lenders with the aim of swapping...

What is 'Panel Bank' The name given to the group of banks contributing to the Euro Interbank Offer Rate (EURIBOR). This group...

What is 'Partial Release' A mortgage provision allowing some of the pledged collateral to be released from the mortgage contract if certain...

What is 'Paris Pair' The nickname for the U.S. Dollar/French Franc currency pair prior to France's conversion to the Euro. Since the...

What is the 'Pass-Through Rate' The pass-through rate is the rate on a securitized asset pool -- such as a mortgage-backed security...

What is 'Parity Bond' Two or more bond issues with equal rights to one another. In other words, a parity bond is...

What is 'Paper Millionaire' An individual who has achieved a high net worth as a result of the large total market value...

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...