Related Words

Air Pocket Stock: A stock whose price drops precipitously, often on the unexpected news of poor results.

Paired Shares: Stock of two companies under the same management that are sold as one unit with one certificate.

Pairoff: A buyback to offset and effectively liquidate a prior sale of securities.

Paired Off: 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 . . . View Full Definition

Paired Comparison: A form of rating, in which the rater compares, one by one, the performance of each member in a group with the performance of every other member in the group.

Pacific Stock Exchange: Used for listed equity securities. Regional exchange located in Los Angeles and San Francisco; only U.S. exchange open between 4:00 and 4:30.

Packers And Stockyards Act Of 1921: P.L. 67-51 (August 15, 1921) remains, in amended form, the basic authority for USDA to regulate marketing practices in the livestock, poultry, and meat industries. The law was enacted to pre . . . View Full Definition

Par-Value Stock: Stock that has a nominal value assigned to it in the corporation's charter and printed on the face of each share of stock.

Performance Stock: High-growth stock in a company that retains earnings for further growth and therefore pays no dividends, but that an investor feels has significant future potential.

Periodontal Pocket: An abnormal deepening of the gingival crevice. It is caused when disease and infection destroy the ligament that attaches the gum to the tooth and the underlying bone.