Cash Flow After Interest And Taxes: In investments, cash flow represents earnings before depreciation, amortization, and non-cash charges. Sometimes called cash earnings. Cash flow from operations (called funds from operations by real estate and other investment trusts) is important because it indicates the ability to pay dividends.

 

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Cash Flow After Interest And Taxes: In investments, cash flow represents earnings before depreciation, amortization, and non-cash charges. Sometimes called cash earnings. Cash flow from operations (called funds from operations . . . View Full Definition

P and L: Profit and loss statement for a trader.

P and I: Stands for principal and interest on bonds or mortgage-backed securities.

Overhand Lay-Up Shot: A lay-up shot with the shooting hand positioned on the back of the ball with the palm facing the basket.

P and S: Purchase and sale statement. A statement provided by the broker showing change in the customer's net ledger balance after the offset of any previously established positions.

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

Pancake Landing: an aircraft landing procedure in which the aircraft is on an even plane with the runway. As the aircraft reduces speed and lift, it drops to the ground in a flat or prone attitude.

Pan And Tilt Head: Tripod head allowing the camera to be tilted up and down or turned through a 360° arc.

Pan And Scan: A method used to crop the picture frame of the original source material produced in a 'wide-screen' format, (any format wider than NTSC-analog's 4:3 aspect ratio) so it will fit a convention . . . View Full Definition

Outstanding Stock: Issued stock that is still being held by investors.