LETTER P

P/E ratio, PER, Price-to-earnings ratio Pac-Man Paid-up capital
Paper Paper bill of exchange Paper promissory note
Par value Parent company Parent Company Guarantee (PCG)
Parent company regime Parent group Pari passu covenant
Parity Partial commitment Participant
Participating preference shares Participation Participation certificates
Participation fee Partnership Pass through
Passive management Passthrough certificates Patents
Path of wealth, POW Pay through Pay-in-kind securities
Pay-off -option Pay-out Pay-to-play
Payables Payback period Payback period
Payback ratio Payment factory Payment method
Payment term Payout ratio Payout ratio
PBR PDS PE
Pecking order theory Peer comparison method Pension expenses
Pension funds PER Percentage control
Percentage interest Percentage of completion method Percentage of voting rights
Perfect market Performance bond Performance guarantee
Performance share Performing Permanent financing
Permanent working capital Perpetual bond Perpetual subordinated loans and notes
Perpetuals Perpetuity PES
Petro-dollars Pierce the corporate veil PIK securities
Pilot fishing PIPE PIPE (for a SPAC)
PIPO Pitch Placement discount
Plain vanilla Ploughed back Poison pill
Political risk Political risk insurance Ponzi scheme
Pooling of interest method Pooling on demand POP
Portable alpha Portable debt Portfolio
Portfolio - risk of a Portfolio insurance Portfolio management style
Portfolio manager Portfolio theory Position
Positive carry Positive covenant Post-money
POW PPP Praecipium
Pragmatic valuation approach Prcess-oriented production Pre-emption (right of)
Pre-emptive action Pre-emptive right Pre-emptive subscription rights
Pre-marketing Pre-money Pre-pack
Preference clause Preference for liquidity Preference share
Preference shares Preferential dividend Preferred habitat theory
Preferred securities Preferred share Premium
Premium bond Prepaid expenses Prepaid income
Prepaid interest Prepayment Prepayment penalty
Present value Present Value Index, PVI Price
Price adjustment Price to cash flow Price-To-Book ratio, PBR
Price-to-earnings ratio Pricing grid Pricing of bank services
Primary dealers Primary market Primary tranche
Primary transaction Prime broker Principal
Principal-protected notes Principle of prudence Priority dividend shares (non-voting) (PDS)
Priority share Private banking Private equity
Private equity firm Private equity sponsors Private Initial Public Offering
Private Investment in Public Equity Private negotiation Private placement
Private workouts Privileged share Pro forma, pro forma statements
Product life cycle Production Production models
Production system Profit Profit and loss account/statement, P&L
Profit before tax and non recurrent items Profit before tax and non recurring items Profit generating capacity
Profit on ordinary activities Profit sharing Profitability
Profitability index Program trading Project bond
Project financing Projected benefit obligation, PBO Promissory note
Propco Property leasing Property right
Property tax Proportional rate Proportionate consolidation
Prospectus Provision Provision for employee benefits and pensions
Proxy Public offer Public offering
Public Offering price Public to Private Public-to-Private, P to P
Purchase method Purchase warrant Purchases
Purchasing Power Parity Purchasing power parity theory Pure play
Put on the seller Put option Put provision
Put warrant Put-call parity Puttable
Puttable bond Puttable instrument PV
PVI Pyramid scheme