Relationship and Resource Management in Operations
This text explains in practical terms the importance of the business relationships with internal and external counterparts while demonstrating how things can go wrong and what causes the situation.
TABLE OF CONTENTS Relationship and Resource Management in Operations
P-R
- Pair off
- Back-to-back trade between two parties where settlement occurs only by exchanging the cash difference between the two parties.
- Par value
- See Nominal value.
- Pari passu
- Without partiality. Securities that rank pari passu, rank equally with each other.
- Paying agent
- A bank which handles payment of interest and dividends on behalf of the issuer of a security.
- Payment date
- Date on which a dividend or an interest payment is scheduled to be paid.
- Perpetual bond
- A bond which has no redemption date.
- Portfolio
- List of investments held by an individual or company, or list of loans made by a bank or financial institution.
- Premium
- An option premium is the amount paid upfront by the purchaser of the option to the writer.
- Present value
- The amount of money which needs to be invested (or borrowed) now at a given interest rate in order to achieve exactly a given cashflow in the future, assuming compound reinvestment (or refunding) of any interest payments received (or paid) before the end.
- Pre-settlement
- Checks and procedures undertaken immediately after execution of a trade prior to settlement.
- Principal protected product
- An investment whose maturity value is guaranteed to be at least the principal amount invested initially.
- Principal-to-principal market
- A market where the clearing house recognizes only the clearing member as one entity, and not the underlying clients of the clearing member.
- Principal trading
- When a member firm of the London Stock Exchange buys stock from or sells stock to a non-member.
- Principal value
- That...
Copyright David Loader 2002 under license agreement with Books24x7
