Prepaid Expenses are an accounting concept that refers to an asset that has been paid for, but the full benefit has not yet been received. The company makes a one-off payment for the asset, but receiv...
There are two definitions to the term premium bond:A special bond issued in the UKAny bond which is trading above parIf a bond is trading above the par value of 100, it is said to ...
In a deal scenario, a premium is a difference between the amount paid and the value of the company. This premium usually illustrates the amount of goodwill in the target company and also how much the ...
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...