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Private banking
Private bankingBeyond just providing credit or managing investments, private banking addresses your entire financial situation. RELATED TERMS-------------------------------------- Credit Money loaned. Investments As a discipline, the study of financial securities, such as stocks and bonds, from the investor's viewpoint. SIMILAR TERMS-------------------------------------- Privaclar, SICAV, S.A. Privaclar, SICAV, S.A. is a Spanish company listed at Madrid Stock Exchange. Its business activity is capital investment. Privalia Inversiones, SICAV, S.A. Privalia Inversiones, SICAV, S.A. is a Spanish company listed at Madrid Stock Exchange. Its business activity is capital investment. Private activity bond Tax-exempt bonds issued by or on behalf of local or state government for the purpose of providing special financing benefits for qualified projects. Private equity When equity capital is made available to companies or investors, but not quoted on a stock market. Private Export Funding Corporation (PEFCO) Company that mobilizes private capital for financing the export of big-ticket items by US firms by purchasing at fixed interest rates the medium- to long-term debt obligations of importers of US products. Private investment in public equity (PIPE) Occurs when private investors take a sizable investment in publicly traded corporations. This usually occurs when equity valuations have fallen and the company is looking for new sources of capital. Private letter ruling A ruling by the IRS in response to a request for interpretation of a tax law. Private limited companies In Britain, cannot offer shares to the public. Their owners can only raise capital from friends, banks or venture capital institutions. Private limited partnership A limited partnership with no more than 35 participants that is not registered with the SEC. Private market value (PMV) The break-up market value of all divisions of a company if divisions were each independent and established their own market stock prices. Private mortgage insurance (PMI) Policy protecting the holder against loss resulting from default on a mortgage loan. Private placement The sale of a bond or other security directly to a limited number of investors. Private purpose bond A municipal bond allowing more than 10% of the proceeds go to private activities. Private sector Businesses owned by private investors. Private unrequited transfers Resident immigrant workers' remittances to their country of origin as well as, e.g., gifts, dowries, inheritances, prizes, charitable contributions. Privatization The transfer of government-owned or government-run companies to the private sector, usually by selling them. Privatize or denationalize To sell a publicly owned industry to private investors. PREVIOUS AND NEXT TERMS-------------------------------------- Used in the context of general equities. 1) To execute a trade, evidenced by its printing on the ticker tape. 2) A trade. Prior lien bond A bond usually arising from reorganization with precedence over another bond of the same issuing company that is equally secured. Prior preferred stock Preferred stock that has a higher claim on all dividends and assets in liquidation than claims of other preferred stock. Priority Used for listed equity securities. System used in an auction market, in which the first bid or offer price is executed before other bid and offer prices, even if subsequent orders are larger. Private activity bond Tax-exempt bonds issued by or on behalf of local or state government for the purpose of providing special financing benefits for qualified projects. Private banking Private equity When equity capital is made available to companies or investors, but not quoted on a stock market. Private Export Funding Corporation (PEFCO) Company that mobilizes private capital for financing the export of big-ticket items by US firms by purchasing at fixed interest rates the medium- to long-term debt obligations of importers of US products. Private investment in public equity (PIPE) Occurs when private investors take a sizable investment in publicly traded corporations. This usually occurs when equity valuations have fallen and the company is looking for new sources of capital. Private letter ruling A ruling by the IRS in response to a request for interpretation of a tax law. Private limited companies In Britain, cannot offer shares to the public. Their owners can only raise capital from friends, banks or venture capital institutions. We thank you for using the Financial Dictionary to search for Private banking. If you have a better definition for Private banking than the one presented here, please let us know by making use of the suggest a term option. This definition of Private banking may be disputed by other professionals. Our attempt is to provide easy definitions on Private banking and any other medical topic for the public at large.
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