Tag: money

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

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...

What is 'Past Due Balance Method' A system for calculating interest charges based on any outstanding loan or credit charges that remain...

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...

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...

What is a 'Paradigm Shift' A paradigm shift is a major change in how some process is accomplished. A paradigm shift can...

DefinitionBy definition, a Ponzi scheme is a fraudulent investment that involves the payment of purported returns to existing investors from funds contributed by new...

What is 'Pairoff' 1. A purchase of securities to offset a previously transacted sale of the same security. 2. A...

What is 'Passbook Loan' A personal loan extended to a savings-account holder by the custodial bank. Passbook loans use the balance of...

DefinitionThe paradox of thrift is a paradox of economics. The paradox states that an increase in autonomous saving leads to a decrease in aggregate...