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 (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.
  
  
• PK - The two-character ISO 3166 country code for PAKISTAN.
  
  
• PKR - The ISO 4217 currency code for the Pakistani Rupee.
  
  
• PL - The two-character ISO 3166 country code for POLAND.
  
  
• PLACE - The marketing of new securities, usually through sales to institutional investors. See: Float.