Business and Personal Finance Dictionary

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 

• PREAUTHORIZED DEBIT - The transfer of funds from a payor's bank account on a specified date to the paye...
  
  
• PREAUTHORIZED DEBITS - a payor approves a transfer from their bank account in advance
  
  
• PREAUTHORIZED ELECTRONIC DEBITS (PAD) - Debits to a bank account in advance by the payer. The payer's b...
  
  
• PREAUTHORIZED PAYMENT - a system established by a written agreement under which a financial institution...
  
  
• PREBID CONFERENCE - A conference held with potential bank bidders to explain a request for proposal and...
  
  
• PRECAUTIONARY DEMAND (FOR MONEY) - The need to meet unexpected or extraordinary contingencies with a bu...
  
  
• PRECAUTIONARY MOTIVE - A desire to hold cash in order to be able to deal effectively with unexpected ev...
  
  
• PRECEDENCE - The established system of priorities of trades in an exchange. For example, the highest bi...
  
  
• PRECIOUS METALS - Gold, silver, platinum, and palladium, which are used for their intrinsic value or fo...
  
  
• PRECIOUS METALS LEASE - Is a vehicle or technique used to finance precious metals inventories. It is re...