Business and Personal Finance Dictionary

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• PAYABLE TO SHAREHOLDERS - normally refers to distribution of dividends to shareholders and / or repayme...
  
  
• PAYABLE-THROUGH-DRAFT (PTD) - A form of check that is written on an organization other than a bank but ...
  
  
• PAYABLES - a bookkeeping term for the costs of purchases or other obligations made but not yet paid.
  
  
• PAYBACK - The length of time it takes to recover the initial cost of a project, without regard to the t...
  
  
• PAYBACK PERIOD - in capital budgeting, is the length of time needed to recoup the cost of CAPITAL INVES...
  
  
• PAYBACK PERIOD (PBP) - The period of time required for the cumulative expected cash flows from an inves...
  
  
• PAYDAY LOAN - A payday loan is a small, short-term loan loan is a type of debt. Like all debt instrumen...
  
  
• PAYDOWN MAGIC - Belief that there is a special way to pay down the balance of a home mortgage faster, i...
  
  
• PAYEE - The person to whom a debt instrument, such as a check or promissory note, is made payable; obli...
  
  
• PAYEE PROCESSING FLOAT - Time between when a payment is received and when the funds are deposited. When...