Heel Of The Stick: This is the part of the stick where the handle ends and the blade begins. It is the curved part of the stick that joins the handle shaft and the blade.

 

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Heel Of The Stick: This is the part of the stick where the handle ends and the blade begins. It is the curved part of the stick that joins the handle shaft and the blade.

Sticks: The shaft of player's sticks are made of wood or aluminum and the maximum length can be 63 inches 5 feet 2 inches (160 centimeters) from the tip of the stick to the bottom of the heel. The h . . . View Full Definition

Present Value Of Growth Opportunities: Net present value (NPV) of investments the firm is expected to make in the future.

Presidential Election Cycle Theory: A theory that stock market trends can be predicted and explained by the four-year presidential election cycle.

Present Value Of An Annuity: The value today of a series of equally spaced, equal-amount payments to be made or received in the future given a specified interest rate.

Premium (In Excess Of Par): A price paid for a security in excess of its face value.

Pregnancy Discrimination Act (PDA) Of 1978: An amendment to Title VII of the Civil Rights Act of 1964 prohibiting discrimination on the basis of pregnancy, childbirth or related medical conditions, requiring pregnancy or related condi . . . View Full Definition

Present Value Of $1: The value today of $1 to be received or paid at some future date given a specified interest rate.

Price Elasticity Of Demand: The relationship between the change in the price of a commodity and the corresponding change in the quantity that is sold. If a small change in the price is accompanied by a relatively large . . . View Full Definition

Primary Offering: Direct/Sale of a firm's newly issued shares by the firm to investors.