Preferred stock is a form of equity issued by a company. It its preferred because it takes priority over common stocks in that it has a higher-priority claim on assets in the event of bankruptcy and w...
Precedent transactions are one part of the comparative analysis. It is the analysis of previous transactions which have taken place involving companies of similar market cap/revenue/location/industry ...
Position is a term used in trading to refer to any current exposure a trader has. This means any trade they are currently in the process of doing. For example, if a trader wants to open a po...
A Ponzi Scheme is a type of financial fraud pioneered by Charles Ponzi in 1919. The idea behind a Ponzi Scheme is that investors are offered high return and low risk and are therefore encouraged to in...
Plant, Property and Equipment (PP&E) are assets owned by a firm which are tangible, long term and illiquid. PP&E is fairly self-explanatory and contains assets such as:Buildings - Factori...
Pivot tables are an extremely useful function in Microsoft Excel used for displaying, filtering and sorting large amounts of data. The reason they are so useful is they can be configured to ...
A pitch book is a document used by investment banks to pitch potential companies to firms. The book contains the main attributes of the firm as well as potential returns and attemp...
Pitch is a term that refers to the attempt by a firm to convince another firm to buy or sell something.A contextual example is "Goldman Sachs pitched several mid-cap tech companies to a priv...
Pink sheets are a series of documents issued daily by the National Quotation Bureau which lists the bid / ask prices of OTC stocks. It also lists the traders who are the market-makers for these stocks...
A perpetuity is an investment which regularly pays a certain amount of money indefinitely, sometimes referred to as a perpetual annuity. There are very few of these actually in existence as ...