Tag: financial

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...
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 Gain

DefinitionA capital gain refers to profit that results from a sale of a capital asset, such as stock, bond or real estate, where the...
Imperfect Competition

Imperfect Competition

What is imperfect competition and why does it exist Imperfect competition is a type of market structure where there are not enough buyers or sellers...

Call Option

DefinitionA call option, often simply labeled a "call", is a financial contract between two parties, the buyer and the seller of this type of...