Related Words

Private Island: An island or beach property leased or owned by a cruise line for the specific use of its cruise passengers. Private islands typically offer an array of beach and water sports.

Private Placement: If securities are sold directly to an institutional investor, such as a corporation or bank, the transaction is called a private placement. Unlike a public offering, a private placement does . . . View Full Definition

Private Unrequited Transfers: Resident immigrant workers' remittances to their country of origin as well as, e.g., gifts, dowries, inheritances, prizes, charitable contributions.

Private Symbol: In contrast with an archetype (universal symbol), a private symbol is one that an individual artist arbitrarily assigns a personal meaning to. Nearly all members of an ethnic, religious, or . . . View Full Definition

Private Offering: An offering of securities to no more than 25 persons and sale to no more than 10 persons.

Private Mortgage Insurance (PMI): When you buy a home with a down payment of less than 20% of the purchase price, your lender may require you to buy private mortgage insurance (PMI), which protects the lender against the ris . . . View Full Definition

Private Occupancy: The number of guests that a resort unit will accommodate, based on two adults per separate sleeping area, with private access to a bathroom.

Private Voluntary Organization (PVO): A nongovernmental, nonprofit organization that provides economic and social assistance to people in need, often in foreign countries. Pvos play an important role, along with cooperatives, in . . . View Full Definition

Private-Label Pass-Throughs: Related: Conventional pass-throughs.

State And Private Forestry: A branch of the Forest Service providing technical and financial assistance to states and to private landowners for forest management and for forest health.