Category: P

Private Sector

Definition The private sector refers to the segment of the national economy that is primarily owned, managed, and operated by private individuals or enterprises, not

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Private Investment Fund

Definition A Private Investment Fund is a type of investment vehicle that pools together capital from a number of investors to invest in securities and

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Privileged Communication

Definition Privileged communication in finance refers to confidential communication between two parties who have a protected relationship, such as between an attorney and a client.

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Privatization

Definition Privatization refers to the transfer of ownership or operation of assets, enterprises, or services from the public sector (government) to the private sector (businesses

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Pro Forma Invoice

Definition A Pro Forma Invoice is a preliminary bill of sale sent to buyers ahead of a shipment or delivery of goods. It details the

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Pro Rata

Definition “Pro rata” is a Latin term that means “in proportion.” In finance, it refers to the allocation or distribution of something (such as dividends,

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Private Placement

Definition A private placement is a sale of stocks, bonds, or other investments directly to a private investor, rather than as part of a public

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Pro Forma

Definition Pro forma, in a financial context, refers to a method by which financial results are calculated. This method emphasizes the present or projected figures

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