Parallel Loan Technique used to curtail foreign exchange fluctuation risks wherein two businesses based in different countries lend their domestic currency to each other. A time is decided for repayment at which the loans are paid back. Also called back-to-back loans. Random … [Read more...]
Parallel Shift in the Yield Curve
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Parallel Shift in the Yield Curve A change in the yield curve that is duplicated across different maturities. The change is evaluated in basis points and compared with that of securities having different maturities. E.g.: a 50 basis point increase in 1 year T Bill being matched by … [Read more...]
Parameter
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Parameter Also refer: exogenous variable. Coefficient, whose value is determined from the underlying data in a model. Such parameters are used characterize an element of the model. Random Finance Terms for the Letter P Paper Gain (Loss) Par Value Parallel Loan Parallel … [Read more...]
Parity Value
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Parity Value Value when a convertible security is converted with immediate effect. Also called convertible value or conversion value Random Finance Terms for the Letter P Paper Gain (Loss) Par Value Parallel Loan Parallel Shift in the Yield Curve Parameter Parity … [Read more...]
Partial Redemption
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Partial Redemption Withdrawal of part of value by owner of a security as required by him so that the balance is still locked in an investment yielding returns. Random Finance Terms for the Letter P Paper Gain (Loss) Par Value Parallel Loan Parallel Shift in the Yield … [Read more...]
Participating GIC
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Participating GIC Policyholder is not given guaranteed returns in this Guaranteed Investment Contract. Returns receivable depend on the performance of portfolio of assets held by issuing insurer. Random Finance Terms for the Letter P Paper Gain (Loss) Par Value Parallel … [Read more...]
Participating Fees
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Participating Fees Share received by participating banks in the total fees collected by syndicated credit. Random Finance Terms for the Letter P Paper Gain (Loss) Par Value Parallel Loan Parallel Shift in the Yield Curve Parameter Parity Value Partial … [Read more...]
Partnership
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Partnership An allocation or distribution of ownership between two people or more, where they may or may not have restricted liability. Also see: Limited partnership, general partnership, master limited partnership. Random Finance Terms for the Letter P Paper Gain (Loss) Par … [Read more...]
Pass-Through Rate
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Pass-Through Rate Rate of interest that is actually payable to investors after the advertised mortgage coupon rate is adjusted with fees for management, servicing and guarantee. Random Finance Terms for the Letter P Passive Portfolio Strategy Pass-Through Rate Pass-Through … [Read more...]
Pass-Through Securities
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Pass-Through Securities Derivative securities based on receivables from a package of other assets like mortgages. The holder of the pass through security is entitled to the income generated by the debt. For example, mortgage backed securities. Random Finance Terms for the … [Read more...]
Pass-Through Coupon Rate
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Pass-Through Coupon Rate The rate of interest paid on securities based on underlying debts. Usually the difference between this rate and the rate on the underlying debt equals the fees charged for guaranteeing and servicing. Random Finance Terms for the Letter P Passive … [Read more...]
Passive Investment Strategy
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Passive Investment Strategy Refer: passive management. Strategy where passive management is followed. Random Finance Terms for the Letter P Passive Portfolio Strategy Pass-Through Rate Pass-Through Securities Pass-Through Coupon Rate Passive Investment Strategy Passive … [Read more...]
Passive Investment Management
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Passive Investment Management Acquiring portfolio with high level of diversification to match performance of a well performing market index. Random Finance Terms for the Letter P Passive Portfolio Strategy Pass-Through Rate Pass-Through Securities Pass-Through Coupon … [Read more...]
Passive Portfolio
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Passive Portfolio Portfolio based on a market index. Random Finance Terms for the Letter P Passive Portfolio Strategy Pass-Through Rate Pass-Through Securities Pass-Through Coupon Rate Passive Investment Strategy Passive Investment Management Passive Portfolio Path … [Read more...]
Path Dependent Option
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Path Dependent Option Value of an option that depends not just on final price of asset underlying it but on a price sequence. Random Finance Terms for the Letter P Passive Portfolio Strategy Pass-Through Rate Pass-Through Securities Pass-Through Coupon Rate Passive … [Read more...]
Payable Through Drafts
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Payable Through Drafts Payment method used when transactions are carried out by company personnel based in non- central locations. The bank of the firm making payment presents a draft to the firm for approval. Once approval is received the firm returns the draft to the bank and … [Read more...]
Payables
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Payables Refer: Accounts payable. Random Finance Terms for the Letter P Passive Portfolio Strategy Pass-Through Rate Pass-Through Securities Pass-Through Coupon Rate Passive Investment Strategy Passive Investment Management Passive Portfolio Path Dependent … [Read more...]
Payable on Death
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Payable on Death Understanding between financial institution and customer, enabling beneficiaries to lay claim to customer’s assets on his death. Random Finance Terms for the Letter P Payable on Death Payback Paydown Payment Date Payment Float Payments Netting Payments … [Read more...]
Payback
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Payback Time taken to recoup initial costs incurred on a project. Time value of the expenses is not taken into consideration. Random Finance Terms for the Letter P Payable on Death Payback Paydown Payment Date Payment Float Payments Netting Payments Pattern Payout … [Read more...]
Paydown
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Paydown Related to Treasury refunds. Difference between the par value of new bonds being sold and face value of maturing securities. Random Finance Terms for the Letter P Payable on Death Payback Paydown Payment Date Payment Float Payments Netting Payments … [Read more...]
