Placement Ratio: The percentages of last week's new municipal bond offerings that have been bought from the underwriters, according to the Bond Buyer newspaper.

 

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Placement Ratio: The percentages of last week's new municipal bond offerings that have been bought from the underwriters, according to the Bond Buyer newspaper.

Partial Obscuration: Denotes that 1/8th or more of the sky, but not all of the sky, is hidden by any surface-based phenomena in the atmosphere, excluding precipitation. It often reduces horizontal visibility but . . . View Full Definition

Payout Ratio: A payout ratio, expressed as a percentage, is the rate at which a company distributes earnings to its shareholders in the form of dividends. For example, a company that earns $5 a share and . . . View Full Definition

Parity Ratio: The ratio of the prices received index, 1910-14=100, to the prices paid index on a 1910-14=100 base (called the parity index). The parity ratio is a measure of relative price relationships. . . . View Full Definition

Packer Concentration: The degree to which a few large firms dominate total sales within segments of the meat packing industry, which, some farmers and other critics contend, can cause or at least contribute to lo . . . View Full Definition

Outplacement: A benefit offered by the employer to displaced employees that may consist of such services as job counseling, training and job-finding assistance.

P-E Ratio: Current stock price divided by trailing annual earnings per share or expected annual earnings per share. Assume XYZ Co. sells for $25.50 per share and has earned $2.55 per share this year; $ . . . View Full Definition

PE (Price Earning) Ratio: An equation which gives you a very rough estimate as to how much confidence there is in a company's shares (the higher it is the more confidence). The equation is: current share price multip . . . View Full Definition

Pension Benefit Guaranty Corporation (PBGC): The PBGC was created to ensure that participants in defined benefit pension plans under its jurisdiction will receive at least a basic pension if the plans are terminated because they’re und . . . View Full Definition

Perforation: Another term for core.