Business and Personal Finance Dictionary

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• PURCHASEMONEY MORTGAGE - Mortgage given by a borrower to the seller as part of the purchase price of th...
  
  
• PURCHASEMONEY TRANSACTION - The acquisition of property through the payment of money or its equivalent.
  
  
• PURCHASER - The person who buys a property.
  
  
• PURCHASES - Credit card charges you make at merchants. Purchases usually have a lower APR than cash adv...
  
  
• PURCHASING POWER - The amount of credit available for securities trading in a margin account, after tak...
  
  
• PURCHASING POWER OF THE DOLLAR - The amount of goods and services that can be exchanged for a dollar as...
  
  
• PURCHASING POWER PARITY - The notion that the ratio between domestic and foreign price levels should eq...
  
  
• PURCHASING POWER PARITY THEORY - A theory by which the exchange rate between any two currencies adjusts...
  
  
• PURCHASING POWER RISK - Related: Inflation risk
  
  
• PURCHASING-POWER PARITY (PPP) - The idea that a basket of goods should sell for the same price in two c...