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Penny stock
Penny stockUsed in the context of general equities. Stock that typically sells for less than $1 a share, although it may rise to as much as $10-share after the initial public offering, usually because of heavy promotion. RELATED TERMS-------------------------------------- Stock US equivalent of the British word "share", a block of shares with a nominal value of 100, or various kinds of fixed-interest securities; in Britain, goods stored ready for sale, raw materials, work in progress and finished but unsold products. Share A share is a certificate of ownership in a company/corporation. It is the same as a stock. Rise An increase or upward movement; an increase in salary (US: a raise in salary). Public Assets that can be traded in a public market, such as the stock market. Heavy A term used to describe an investment where a single unit is expensive. SIMILAR TERMS-------------------------------------- PENN EAST Credit Union PENN EAST is a credit union with head office in SCRANTON, PA Penn Federal Savings Bank A United States bank with head office in Newark, Nej Jersey.|NJ||| PENN HILLS MUNICIPAL Credit Union PENN HILLS MUNICIPAL is a credit union with head office in PITTSBURGH, PA PENN SOUTH COOPERATIVE Credit Union PENN SOUTH COOPERATIVE is a credit union with head office in NEW YORK, NY PENN STATE Credit Union PENN STATE is a credit union with head office in STATE COLLEGE, PA Penn West Petroleum Penn West Petroleum is one of Canada's largest companies. PENN WILCO Credit Union PENN WILCO is a credit union with head office in WILKES-BARRE, PA PENN-TRAFFORD SCHOOL EMP. Credit Union PENN-TRAFFORD SCHOOL EMP. is a credit union with head office in TRAFFORD, PA Pennant A chart pattern resembling a pointed flag, with the point facing to the right, which shows a diminishing variance of price. PENNFORMER COMMUNITY Credit Union PENNFORMER COMMUNITY is a credit union with head office in CANONSBURG, PA PENNSTAR Credit Union PENNSTAR is a credit union with head office in HERMITAGE, PA Pennsylvania banks Banks and credit unions licensed to operate in the State of Pennsylvania. Pennsylvania broker A resident of Pennsylvania who works as an intermediary, dealer or broker in a given industry or sector of economic activity. PENNSYLVANIA CENTRAL Credit Union PENNSYLVANIA CENTRAL is a credit union with head office in HARRISBURG, PA Pennsylvania commodity broker A resident of Pennsylvania who works as an intermediary in the commodity market PENNSYLVANIA GRANGE Credit Union PENNSYLVANIA GRANGE is a credit union with head office in CAMP HILL, PA Pennsylvania mortgage Financing of property purchase in Pennsylvania through mortgage loans. Pennsylvania mortgage broker Professional intermediaries licensed to find a mortgage loan for their clients in Pennsylvania. Pennsylvania mortgage quote Estimation of the interest rate, instalment amount and repayment period for a mortgage loan in Pennsylvania. Pennsylvania real estate broker A resident of Pennsylvania who works as an intermediary between real estate property buyers and sellers. Pennsylvania stock broker A resident of Pennsylvania who works as an intermediary in the stock market. PENNSYLVANIA-AMERICAN WATER Credit Union PENNSYLVANIA-AMERICAN WATER is a credit union with head office in BETHEL PARK, PA PENNTECH EMPLOYEES Credit Union PENNTECH EMPLOYEES is a credit union with head office in JOHNSONBURG, PA Penny The Penny is the fractional currency unit in United Kingdom of Great Britain and Northern Ireland and most of its overseas territories, as well as several other countries. PENNYPACK Credit Union PENNYPACK is a credit union with head office in PHILA, PA PENNZOIL Credit Union PENNZOIL is a credit union with head office in REFUGIO , TX PREVIOUS AND NEXT TERMS-------------------------------------- PEN In currencies, this is the abbreviation for the Peruvian Nuevo Sol. Penalty bid A bid intended to facilitate a securities offering by stabilizing its price during the distribution period. Penalty clause A clause found in contract agreements that provides for a penalty in the event of default. Penalty tax A federal tax that can be applied if a plan holder does not meet certain requirements when making withdrawals from a tax-advantaged retirement plan (for instance, if the plan holder has not reached age 59-1-2). Pennant A chart pattern resembling a pointed flag, with the point facing to the right, which shows a diminishing variance of price. Penny stock Pension A regular sum of money paid to a retired worker in return for past services or contributions. Pension adjustment The amount of contributions that can be made to a Registered Retirement Savings Plan (RRSP) on top of any contributions to a Registered Pension Plan (RPP) in a given year. Pension Benefit Guaranty Corporation (PBGC) A federal agency that insures the vested benefits of pension plan participants (established in 1974 by the ERISA legislation). Pension fund Financial institution that invests workers' pension contributions, and pays them pensions on retirement. Pension liabilities Future liabilities resulting from pension commitments made by a corporation. Accounting for pension liabilities varies widely by country. We thank you for using the Financial Dictionary to search for Penny stock. If you have a better definition for Penny stock than the one presented here, please let us know by making use of the suggest a term option. This definition of Penny stock may be disputed by other professionals. Our attempt is to provide easy definitions on Penny stock and any other medical topic for the public at large.
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