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Participatory Preferred Stock

A preferred stock that gives the holder the right to participate in (i.e., receive) any dividend payouts for common stock...

Participatory Preferred

A preferred stock that gives the holder the right to participate in (i.e., receive) any dividend payouts for common stock...

Par Bond

A bond that trades in the market at its par value (face value). In other words, parity implies that the...

Physical-Settled IPU

An index participation unit (IPU) which constitutes a basket product whose components are supported by physical securities. That means this...

Prime FRN

A floating-rate note (FRN) in which coupons are based on the prime rate. Prime is a short-term, floating rate of...

Prime Floating-Rate Note

A floater (floating rate note) in which coupons are based on the prime rate. Prime is a short-term, floating rate...

Promissory Note

A written promise whereby the maker (issuer, payor, obligor, or promisor) unconditionally commits himself to pay or repay another person...

Prime Floater

A floater (FRN) in which coupons are based on the prime rate. Prime is a short-term, floating rate of interest...

Premium Put Convertible

A convertible with a premium put option which gives the bondholder the right to demand redemption of the bond at...

PE

An asset class that consists of equity investments in privately- or closely-held companies. This type of investment is generally meant...