Loan Dictionary - P group - Pipes, Pipestem Lot, Piscan Document, Pit, Pit Committee, Pit Or Ring, Pitch, Pith, Piti, Piti (principal, Interest, Taxes And Insurance)

Business and Personal Finance Dictionary

PIPES - see Private investment in public equities.
PIPESTEM LOT - A lot connected to a public street by a narrow strip of land. Usually several adjacent p...
PISCAN DOCUMENT - a precursor of double entry bookkeeping, dates from the early 12th century. Records i...
PIT - The area on a trading floor where futures and options are traded. Often there are multiple pits o...
PIT COMMITTEE - A committee of the exchange that determines the daily settlement price of futures contr...
PIT OR RING - The place on the floor of an exchange where a commodity futures or options contract is tr...
PITCH - The exterior slant or angle of a roof system.
PITH - Principal, Interest, Taxes, Heating and half of Condo Fees, if applicable. Otherwise known as yo...
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...