Related Words

Specific Absorption Rate (SAR): A measure of the rate at which RF energy is absorbed by the body.

Prime Rate: The rate a lender charges its best customers. The rate is calculated differently by each lender.

Pre-Tax Rate Of Return: Gain on a security before taxes.

Potassium Citrate: Chemical used in blue and green toners.

Portfolio Turnover Rate: For an investment company, an annualized rate found by dividing the lesser of purchases and sales by the average of portfolio assets.

Prime Rate Fund: A mutual fund that buys portions of corporate loans from banks and pays the interest to shareholders.

Principal Exchange-Rated-Linked Securities (PERLS): A debt instrument with its principal and interest denominated in U.S. dollars, but with principal repayment depending on the exchange rate of the U.S. dollar against a foreign currency.

Protective Put Buying Strategy: A strategy that involves buying a put option on the underlying security that is held in a portfolio. Related: Hedge option strategies.

PSA Prepayment Rate: The Bond Market Trade Association's Mortgaged Asset-Backed Securities Division's prepayment model based on an assumed rate of prepayment each month of the then unpaid principal balance of a . . . View Full Definition

Prorate: A quantity provision in a fruit or vegetable marketing order that is intended to even out weekly shipments (or shipments for some other specified periods of time): it aims to prevent too muc . . . View Full Definition