Super Finance Glossary


Over 10,000 financial glossary terms...

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Displaying next 40 results of 677
Package Mortgage
Definition: A mortgage on a house and property in the house.
Paid Up
Definition: When all payments that are due have been made.
Paid-in Capital
Definition: Capital received from investors in exchange for stock, but not stock from capital generated from earnings or donated. This account includes capital stock and contributions of stockholders credited to accounts other than capital stock. It would also include surplus resulting from recapitalization.
Paid-up Policy
Definition: A life insurance policy in which all premiums that are due have been paid.
Painting The Tape
Definition: Illegal practice by traders who manipulate the market by buying and selling a security to create the illusion of high trading activity and to attract other traders who may push up the price.
Paired Off
Definition: Used for listed equity securities. Matched buy and sell market orders, usually pertaining to the pre-opening market picture in a stock, or MOC orders (especially relating to futures/options expirations).
Paired Shares
Definition: Stock of two companies under the same management that are sold as one unit with one certificate.
Definition: A buyback to offset and effectively liquidate a prior sale of securities.
Panic Buying Or Selling
Definition: Rapid trading of stocks or bonds in high volume in anticipation of sharply rising or falling prices, usually after unexpected news is released.
Definition: Money market instruments, commercial paper, and other.
Paper Dealer
Definition: A brokerage firm that buys and sells commercial paper to make a profit.
Paper Gain (loss)
Definition: Unrealized capital gain (loss) on securities held in a portfolio based on a comparison of current market price to original cost.
Paper Profit Or Loss
Definition: The profit or loss that would be realized if open contracts were liquidated as of a certain time or at a certain price.
Definition: Equal to the nominal or face value of a security. A bond selling at par is worth an amount equivalent to its original issue value or its value upon redemption at maturity-typically $1000/bond. See: Discount, premium.

(1) Refers to the standard delivery point(s) and/or quality of a commodity that is deliverable on a futures contract at contract price. Serves as a benchmark upon which to base discounts or premiums for varying quality and delivery locations;

(2) in bond markets, an index (usually 100) representing the face value of a bond.

Par Bond
Definition: A bond trading at its face value.
Par Value
Definition: Also called the maturity value or face value; the amount that an issuer agrees to pay at the maturity date.
Par Value Of Currency
Definition: The official exchange rate between two countries' currencies.