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Penultimate profit prospect (PPP)
Penultimate profit prospect (PPP)The second-lowest-priced of the ten highest-yielding stocks in the Dow Jones Industrial Average that is said (by authors O'Higgins and Downes) to be the Dow stock with the best possibility of outperforming the average as a whole. RELATED TERMS-------------------------------------- Average An institution or person who gives the aval. 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. SIMILAR TERMS-------------------------------------- PREVIOUS AND NEXT TERMS-------------------------------------- Pension parachute A form of poison pill providing that in the event of a hostile takeover attempt, any excess pension plan assets can be used to benefit pension plan participants. In the context of corporate governance, these provisions prevent an acquirer from using surplus cash in the pension fund of the target in order to finance an acquisition. Pension plan A fund that is established for the payment of retirement benefits. Pension reversion Termination of an over funded defined benefit pension plan and replacement of it with a life insurance company-sponsored fixed annuity plan. Pension shortfall A situation in which a company offering employees a defined benefit plan does not have enough money set aside to meet the pension obligations to employees who will be retired in the future. Pension sponsors Organizations that have established a pension plan. Penultimate profit prospect (PPP) People pill A form of poison pill providing that the entire management threatens to resign in the event of a takeover. Per annum Yearly. Per capita A Latin term that translates into "by head," basically meaning "average per person." Per capita debt The total bonded debt of a municipality divided by the population of the municipality. Per share basis A measure used in the financial world to illustrate the quantity of something for one share of a company's stock. We thank you for using the Financial Dictionary to search for Penultimate profit prospect (PPP). If you have a better definition for Penultimate profit prospect (PPP) than the one presented here, please let us know by making use of the suggest a term option. This definition of Penultimate profit prospect (PPP) may be disputed by other professionals. Our attempt is to provide easy definitions on Penultimate profit prospect (PPP) and any other medical topic for the public at large.
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(ppl) / penultimate profit prospect (ppo) / penultimate profit prospect (pp9) / | ||||||||||||||||