Pass-Through Coupon Rate: The interest rate paid on a securitized pool of assets, which is less than the rate paid on the underlying loans by an amount equal to the servicing and guaranteeing fees.

 

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Pass-Through Coupon Rate: The interest rate paid on a securitized pool of assets, which is less than the rate paid on the underlying loans by an amount equal to the servicing and guaranteeing fees.

Photosynthetic Rate: The rate of conversion of dissolved carbon dioxide and bicarbonate ion to photosynthetic product

Phyto-Chemical Concentrates: Chemical constituents of plants part of its defense system, others than proteins, fats, carbohydrates, vitamins and minerals used in human nutrition, enhance overall health, act as detoxifyi . . . View Full Definition

Phosphoglycerate (PGA): A three-carbon molecule formed when carbon dioxide is added to ribulose biphosphate (RuBP) during the dark reaction of photosynthesis (Calvin, or Calvin-Benson Cycle). PGA is converted to PG . . . View Full Definition

Pherecratean: A classical greek and latin metrical pattern consisting of an iamb or a trochee, a dactyl, and a trochee or a spondee.

Personal Inflation Rate: The inflation rate as it affects a specific individual.

Piece Rate: A per-piece rate system that pays employees based on the number of pieces produced.

Periodic Rate: The monthly effective interest rate. For example, the periodic rate on a credit card with an 18% annual percentage rate is 1.5% per month.

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.

Portfolio Internal Rate Of Return: The rate of return computed by first determining the cash flows for all the bonds in the portfolio and then finding the interest rate that will make the present value of the cash flows equal . . . View Full Definition