Business and Personal Finance Dictionary

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• PAYOFF PROFILE - The slope of a line graphed according to the value of an underlying asset on the x-axi...
  
  
• PAYOFF SCHEDULE - The dollar figure in the Payment Schedule represent the principal, interest, plus Pri...
  
  
• PAYOFF STATEMENT - a document prepared when a loan payoff is being considered. It shows the current sta...
  
  
• PAYOR - The debtor on a promissory note or the party who makes payment to another. (See obligor)
  
  
• PAYOUT PERIOD - The time period during which withdrawals from a retirement account or annuity are paid.
  
  
• PAYOUT RATIO - A payout ratio is the percentage of a company's net earnings that is distributed to its ...
  
  
• PAYROLL BURDEN - in the U.S., includes the cost of your payroll administration, FICA, FUTA, SUTA, worke...
  
  
• PAYROLL TAXES - A tax based on wages, tips and salaries paid. Part of the tax is deducted from the empl...
  
  
• PBC LIST (PROVIDED BY CLIENT LIST) - a request by external auditors of items that will be required from...
  
  
• PBGC - See: Pension Benefit Guaranty Corporation