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 

• PURCHASE PRICE
  
  Purchase Price is a required field. The default is 100, which you can edit as necessary. Your price entry is used with the Par Value to automatically calculate the Principal. The Purchase Price and Principal fields are interactive, meaning if one is edited, then the other changes accordingly. For pass through securities, the purchase price is calculated by the program and cannot be edited.
  
  Back