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 

• 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...
  
  
• PURE COST - any direct readily verifiable cost assignable to the subject or item, e.g., the direct cost...
  
  
• PURE DISCOUNT BOND - A bond that will make only one payment of principal and interest. Also called a ze...
  
  
• PURE EXPECTATIONS THEORY - A theory that asserts that forward rates exclusively represent the expected ...
  
  
• PURE INDEX FUND - A portfolio that is managed so as to perfectly replicate the performance of the marke...
  
  
• PURE MONOPOLY - A market in which only one firm has total control over the entire market for a product ...
  
  
• PURE PLAY - An investment concentrated in one line of business. The extreme opposite of a pure play wou...
  
  
• PURE RESEARCH - motivated exclusively by the search for knowledge for its own sake.