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| This dictionary contains: 24549 financial terms |
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Pip
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PipUsed for listed equity securities. Smallest unit of a currency (i.e., cents for US dollars).
RELATED TERMS--------------------------------------
Equity
1) Ownership interest in a firm. 2) The residual dollar value of a futures trading account, assuming its liquidation is at the going trade price. 3) In real estate, dollar difference between what a property could be sold for and debts claimed against it. 4) In a brokerage account, equity equals the value of the account's securities minus any debit balance in a margin account. 5) Shorthand for stock market investments.
Securities
Saleable papers, traded on stock exchanges, that yield an income (dividend, interest, etc.).
Unit
More than one class of securities traded together (e.g., one common share and three subscription warrants).
Currency
Money. The word currency mainly refers to the name and kind of money issued by each country.
SIMILAR TERMS--------------------------------------
PREVIOUS AND NEXT TERMS--------------------------------------
Piggybacking
A broker who is trading stocks, bonds or commodities in a personal account following a trade just made for a customer.
PIK (Payment-in-kind) securities
Highly bonds or preferred stock that pay interest or dividends through additional bonds or preferred stock.
Pin risk
A risk that the writer of an options or futures contract faces when the price of the underlying asset closes at or very near the exercise price of the contract upon expiration.
Pink sheets
Refers to over the counter trading. Daily publication of the National Quotation Bureau that reports the bid and ask prices of thousands of OTC stocks, as well as the market makers who trade each stock.
Pinning the strike
The tendency of a stock's price to close near the strike price of heavily traded options (in the same stock) as the expiration date nears.
Pip
Pipeline
The underwriting process that must be completed with the SEC before a security can be offering for sale to the public.
Pit
A specific area of the trading floor that is designed for the trading of commodities, individual futures, or option contracts.
Pit committee
A committee of the exchange that determines the daily settlement price of futures contracts.
Pitchbook
A sales book created by an investment bank-firm that details the main attributes of the firm.
PITI
Stands for principal, interest, taxes, and insurance, the four main parts of monthly mortgage obligations.
RELATED TERMS--------------------------------------
Equity
1) Ownership interest in a firm. 2) The residual dollar value of a futures trading account, assuming its liquidation is at the going trade price. 3) In real estate, dollar difference between what a property could be sold for and debts claimed against it. 4) In a brokerage account, equity equals the value of the account's securities minus any debit balance in a margin account. 5) Shorthand for stock market investments.
Securities
Saleable papers, traded on stock exchanges, that yield an income (dividend, interest, etc.).
Unit
More than one class of securities traded together (e.g., one common share and three subscription warrants).
Currency
Money. The word currency mainly refers to the name and kind of money issued by each country.
SIMILAR TERMS--------------------------------------
PREVIOUS AND NEXT TERMS--------------------------------------
Piggybacking
A broker who is trading stocks, bonds or commodities in a personal account following a trade just made for a customer.
PIK (Payment-in-kind) securities
Highly bonds or preferred stock that pay interest or dividends through additional bonds or preferred stock.
Pin risk
A risk that the writer of an options or futures contract faces when the price of the underlying asset closes at or very near the exercise price of the contract upon expiration.
Pink sheets
Refers to over the counter trading. Daily publication of the National Quotation Bureau that reports the bid and ask prices of thousands of OTC stocks, as well as the market makers who trade each stock.
Pinning the strike
The tendency of a stock's price to close near the strike price of heavily traded options (in the same stock) as the expiration date nears.
Pip
Pipeline
The underwriting process that must be completed with the SEC before a security can be offering for sale to the public.
Pit
A specific area of the trading floor that is designed for the trading of commodities, individual futures, or option contracts.
Pit committee
A committee of the exchange that determines the daily settlement price of futures contracts.
Pitchbook
A sales book created by an investment bank-firm that details the main attributes of the firm.
PITI
Stands for principal, interest, taxes, and insurance, the four main parts of monthly mortgage obligations.
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This dictionary contains 24549 terms.
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