Premium bond
Definition: A bond whose market value has risen above the amount an investor loans to
Principal
Definition: The outstanding balance that remains on a loan. If a loan is only being considered between
Publicly-held
Definition: A company that has previously held an initial public offering (IPO), after which its
Push on a string
Definition: The term used to describe how the Federal Reserve Bank has the power to
Put option
Definition: The right, but not the obligation, to force another investor to buy one’s shares