Debt To Equity Ratio: A set of transactions in which a firm buys a country's dollar bank debt at a discount and swaps this debt with the central bank for local currency that it can use to acquire local equity. Also called a debt-equity swap.

 

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Debt To Equity Ratio: A set of transactions in which a firm buys a country's dollar bank debt at a discount and swaps this debt with the central bank for local currency that it can use to acquire local equity. Al . . . View Full Definition

Presto: A direction in sheet music indicating the tempo is to be very fast.

Presymptomatic Diagnosis: Diagnosis of a genetic condition before the appearance of symptoms.

Presymptomatic Screening: Testing to detect genetic disorders that only become apparent later in life. The tests are done before the condition actually appears, such as with Huntington disease.

Present Value Factor: Factor used to calculate an estimate of the present value of an amount to be received in a future period. If the opportunity cost of funds is 10% over next year, the factor is [1/(1 + 0.10)].

Preferred Stock Ratio: Preferred stock at par value divided by total capitalization, which gives the portion of capitalization that consists of preferred stock.

Preferred Stock: Some corporations issue preferred as well as common stock. Preferred stock can be an attractive investment because it typically pays a fixed dividend on a regular schedule. The share prices . . . View Full Definition

Preferred Stock Agreement: A contract for preferred stock.

Price-Book Ratio: Compares a stock's market value to the value of total assets less total liabilities (book value). Determined by dividing current stock price by common stockholder equity per share (book valu . . . View Full Definition

Premium On Stock: The excess of the issuance (market) price of stock over its par or stated value.