The parity price is used for securities and commodities, and the term defines two assets equal in value.
A parity bond are two or more bonds with equal rights of payment or equal seniority to one another.
Price risk is the risk of a decline in the value of an assets.
Previous close is asset’s previous closing price. It almost always refers to the final price of a security a day before the current one.
Passive income is earnings coming from rental property, limited partnership or other enterprise and businesses where a person doesn’t have to do anything to earn the money.
A package deal is an order that contains several exchange or deposit items that can be completed simultaneously, or not.
A public good is a product that one can consume without reducing its availability to others and from which no one is deprived.
Perpetuity refers to an infinite amount of time. In finances it means the same payment over and over again that sees no end.
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