Tag: journal
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...
Participation Mortgage
DefinitionA participation mortgage or participating mortgage is a mortgage loan, or sometimes a group of them, in which two or more persons have fractional...
Pension Fund
DefinitionA pension fund, also known as a superannuation fund in some countries, is any plan, fund, or scheme which provides retirement income. Pension Fund...
Pairing Off
DefinitionPairing Off is an album by saxophonist Phil Woods' Septet recorded in 1956 and released on the Prestige label. Pairing Off What is...
Passive Management
DefinitionPassive management is an investing strategy that tracks a market-weighted index or portfolio. The most popular method is to mimic the performance of an...
Parking
What is 'Parking' Parking in stock trading is the practice of selling shares to another party with the understanding that the original...
Panel Bank
What is 'Panel Bank' The name given to the group of banks contributing to the Euro Interbank Offer Rate (EURIBOR). This group...
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...
Paper Millionaire
What is 'Paper Millionaire' An individual who has achieved a high net worth as a result of the large total market value...