Paper

Paper

Paper

Money market instruments, commercial paper and other.

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Pairoff

Pairoff

Pairoff

A buy-back to offset and effectively liquidate a prior sale of securities.

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Pac-Man strategy

Pac-Man strategy

Pac-Man strategy

Takeover defense strategy in which the prospective acquiree retaliates against the acquirer’s tender offer by launching its own tender offer for the other firm.

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P&S

P&S

P&S

Purchase and sale statement. A statement provided by the broker showing change in the customer’s net ledger balance after the offset of a previously established position(s).

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P&L

P&L

P&L

Profit and loss statement for a trader.

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P to E ratio

P to E ratio

P to E ratio

Assume XYZ Co. sells for $25.50 per share and has earned $2.55 per share this year;_$25. 50 = 10 times $2. 5; XYZ stock sells for 10 times earnings._P to E equals Current stock price divided by trailing annual earnings per share or expected annual earnings per share.

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