Tooltip Categories: Economics & Finance

pro rata

In proportion according to an exactly calculable factor (as share or liability). (sources: Merrian Webster / investorswords)

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product line

A group of related products manufactured by a single company. (source: http://www.investopedia.com/terms/p/product-line.asp)

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principle amount

The amount borrowed , or the part of the amount borrowed which remains unpaid (excluding interest). The original investment. (source: http://www.investorwords.com/3841/principal_amount.html#ixzz2MIcmnSZs)

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private banking

The providing of banking services to very wealthy individuals and families. (source: http://www.investorwords.com/5946/private_banking.html)

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private document

A particular writing or instrument that has a bearing upon specific transactions executed by a private citizen. (source: http://legal-dictionary.thefreedictionary.com/document)

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primary market

The market for new securities issues. In the primary market the security is purchased directly from the issuer. (source: http://www.investorwords.com/3831/primary_market.html)

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primary sector

The sector of an economy making direct use of natural resources. This includes agriculture, forestry and fishing, mining, and extraction of oil and gas. f(source:

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prime rate

The rate of interest at which banks lent to favored customers, i.e., those with good credit, though this is no longer always the case. (source:

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