Business and Personal Finance Dictionary

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• PASSIVE PORTFOLIO - A market index portfolio.
  
  
• PASSIVE PORTFOLIO STRATEGY - A strategy that involves minimal expectational input, and instead relies o...
  
  
• PASSIVE SOLAR HEATING - The maximization of the sun's heating abilities through careful design of a bui...
  
  
• PAST DUE - the status of a scheduled loan payment that has not been paid on time.
  
  
• PAST DUE LOAN - a loan on which payment in full is 30 to 60 days past due, but partial payments are bei...
  
  
• PATENT - a legal form of protection that provides a person or legal entity with exclusive rights to exc...
  
  
• PATENT DEFECT - A defect that is obvious from a reasonable inspection of a property.
  
  
• PATH - Is the route that market prices followed or are expected to follow.
  
  
• PATH DEPENDENT - Is a strategy and/or derivative which is predicated on a particular occurrence or dire...
  
  
• PATH INDEPENDENT - Is a strategy and/or derivative which is not predicated on a particular occurrence o...