Purchasing power

• Purchasing power is what a unit of currency will buy in goods and services. Inflation reduces purchasing power; deflation increases it. – Common…

Purchase Money Security Interest (PMSI)

Introduction A purchase money security interest (PMSI) is a special type of secured-interest that gives the lender or seller priority over other creditors in…

Purchase APR

A purchase annual percentage rate (APR) is the interest rate a credit card issuer charges on purchases when you carry a balance past the…

Public Limited Company (PLC)

A public limited company (PLC) is a type of United Kingdom company that can offer its shares to the general public and—if it chooses—be…

Pseudocode Python idea (not runnable here)

• The Ultimate Oscillator (UO) is a momentum-based technical indicator created by Larry Williams (published 1985). It measures price momentum across three timeframes (7,…

protective put

A protective put (also called a “married put” when purchased one-for-one with shares) is a hedging strategy in which an investor who owns shares…

Prospect theory

• Prospect theory describes how people actually make risky choices: people evaluate gains and losses relative to a reference point, feel losses more intensely…

Property Insurance

Key takeaways – Property insurance is an umbrella term for policies that protect owners and renters from financial loss due to damage, theft, or…

Promissory Notes

Key Takeaways – A promissory note is a written promise by one party (the maker/borrower) to pay a specified sum to another (the payee/lender)…

Project Management

Project management is the discipline of organizing people, time, money, technology and information to deliver a defined outcome (a product, service, system or change)…