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 

• PITI - PITI stands for principal, interest, taxes, and insurance. An "impounded" loan means that the mo...
  
  
• PITI (PRINCIPAL, INTEREST, TAXES AND INSURANCE) - Used to indicate that the four major portions of a mo...
  
  
• PITI (PRINCIPAL, INTEREST, TAXES, AND INSURANCE) - The most common components of a monthly mortgage pay...
  
  
• PITI RATIO - Compares the amount of the monthly income to the amount the borrower will owe each month i...
  
  
• PITI RESERVES - A cash amount that a borrower must have on hand after making a down payment and paying ...
  
  
• PIVOT - Price level established as being significant by market's failure to penetrate or as being signi...
  
  
• PIVOT POINT - In market activity, a price reversal point.
  
  
• PIYC - Pay if you can – similar to PIK but only paid if certain cash flow trigger levels are reached.