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. 

Post date is the exact date when a card issuer posts a transaction and adds it to the cardholder’s balance.

Points are the shifts in the price of a security or an asset.

Perpetuity refers to an infinite amount of time. In finances it means the same payment over and over again that sees no end.

Puke is a slang term that determines selling a security even when it is going to be done at a loss.

Punter is a trader who wants to make a quick profit in the markets. One can say that it is just another term for the speculator.

Pig is a slang term used to describe an investor who stepped away from their trading strategy for the sake of profit which are often too unrealistic. These traders usually fail to sell their position when needed for the sake of gains.

Per-share basis is a measure used in financial and trading world to demonstrate the quantity of something for one share of a company's stock. It includes but not limited to earnings per share, cash flow per share, revenue per share and debt per share.

Painting the tape is one of the types of market manipulation where market players are buying and selling a security among themselves in order to create an illusion of trading activity.

Paid-up is a status of a customers who has made all of the payments on the security purchase. When trader is all paid-up they have fulfilled absolutely all of the payments on the security.

People poison pill is a strategy used by the companies to prevent hostile takeovers. Among others in includes the threat that in the case of takeover the entire team is going to quit their job. This can scare off those ready-to-take-over as they are going to have to look for entire new team to run the business.

Performance shares are shares of company stock which are given to managers and executives if they meet a certain requirement for the payment, for example help the company reach a certain price-per-share point.

Permitted currency is a currency which is not bonded by any regulatory restrictions that can keep it from being converted into other currency.

Par value is a value for the bond or for the stock beyond which a bond or a security in general can be deemed mature. For corporate-issued securities this is a price of $1000 and higher. For government bonds the amount has to be bigger. Securities can be traded both above and beyond par value.