Business and Personal Finance Dictionary

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• PROTECTED STRATEGY - A position that has limited risk. A protected short sale (short stock, long call) ...
  
  
• PROTECTION BUYER - Parties in a credit derivatives transaction. See credit derivatives, credit swap, cr...
  
  
• PROTECTIONISM - Notion that governments should protect domestic industry from import competition by mea...
  
  
• PROTECTIVE COVENANT - A part of an indenture or loan agreement that limits certain actions a company ma...
  
  
• PROTECTIVE COVENANTS - Clauses in a loan agreement aimed at reducing default risk to the bondholders.
  
  
• PROTECTIVE PUT BUYING STRATEGY - A strategy that involves buying a put option on the underlying securit...
  
  
• PROTEST - Instructions given to a collecting bank that drafts falling due for payment are to be formall...
  
  
• PROTHONOTARY - The name used in some states, (e.g., Pennsylvania) for the public official responsible f...
  
  
• PROTOTYPE PLAN - A qualified retirement plan sponsored by a financial institution. It may be adopted by...
  
  
• PROVABLE CLAIMS - All those debts of a bankrupt outstanding as of the date of the bankruptcy.