Category: P

Definition In financial terms, a provision is an amount set aside to cover a probable future liability or loss in a company’s financial statements. It

Definition A proxy fight, also known as a proxy battle, is a strategy used during corporate takeover attempts. In this situation, a group of shareholders

Definition In finance, a proxy is a written authorization given by a shareholder for someone else, usually the company’s management, to represent their vote at

Definition A Proxy Statement is a document that a company sends to its shareholders, that contains information essential for them to make decisions on matters

Definition The Public Company Accounting Oversight Board (PCAOB) is a nonprofit organization that was established by Congress in the United States to oversee the audits

Definition A Provident Fund is a government-managed, compulsory retirement savings program in several countries, similar to the Social Security program in the United States. Employees

Definition A protective put refers to an investment risk management strategy, where an investor buys a put option for an asset, like stocks or bonds,

Definition Provision for Credit Losses (PCL) is a financial term referring to the funds that banks and other financial institutions set aside as an estimate

Definition A proxy vote is a ballot cast by one individual or group on behalf of another during a corporate shareholder meeting. This allows shareholders

Definition A public company is a corporation whose ownership is distributed amongst general public shareholders via the free trade of shares of stock on exchanges