Tag: interest
Passive Activity
What is 'Passive Activity' Passive activity is activity in which the taxpayer did not materially participate in during the tax year. Internal...
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...
Panel Bank
What is 'Panel Bank' The name given to the group of banks contributing to the Euro Interbank Offer Rate (EURIBOR). This group...
Par Yield Curve
What is a 'Par Yield Curve' A par yield curve is a graph of the yields on hypothetical Treasury securities with prices...
Parity
What is 'Parity' Parity refers to two things being equal to each other. The term "par value" for a bond is similar...
Macroeconomics
DefinitionMacroeconomics is a branch of economics dealing with the performance, structure, behavior, and decision-making of an economy as a whole. This includes regional, national,...
National Bank
What is a 'National Bank' A national bank, in the United States, is a commercial bank chartered by the comptroller of the...
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...
Sales Charge
What is a 'Sales Charge' A sales charge is a commission paid by an investor on his or her investment in a...