Perfect hedge is a position taken on by ab investor that ultimately eliminates all of the risks of the portfolio brought on by all the other positions and securities. Essentially it eliminates all the market risks from a portfolio.

Price creep is a process of gradual and steady increase of the asset’s price by traders who gradually start investing into it despite the already high price of the asset.

Ponzi mania is a market environment that can be met after Ponzi schemes are revealed. The most recent and vivid example is market in 20078 when Bernard Madoff’s Ponzi scheme was revealed.

Plus tick is an indicator that shows us that a security is trading at a higher price today than it did the day before. Any addition in the price for the value of the asset is a plus tick.

Price basing is a practice of pricing commodity transactions by basing the price on related futures contracts process. This is a pricing method used by commodity producers, processors and consumers.

Plutonomy is a state of economy that can displays a big gap in income and wealth. This economy is not deemed equal and spending and consumption of the richest have a very big impact on the economy.

A piercing pattern is a technical trading signal that is formed by a closing down day with a good-sized trading range. It is followed by a lower trading gap with a white candlestick that covers at least half of the upward length of the previous day's red candlestick body, finishing with a close higher for the day.

Illegal financial activity that is set to manipulate the markets and sums up to under-the-table payments that is masked as a purchase of securities from one company to another is referred to as pairing off. Short and long positions are bought and sold fictitiously and the transaction are settled in cash. Securities are never delivered so the trade never really occurs.

Portfolio Is a gathering of trading assets like bonds, commodities, stocks, indices and equities including closed funds and mutual exchange-traded funds. Portfolio can also include non-publicly traded instrument like real-estate and private investments. Portfolios are regularly held by the assets managers or various financial professionals, who can also hold multiple portfolios.

Purchasing power is a term used to determine the quantity of the goods and services that one unit of a certain currency can buy. Purchasing power is a perfect tool in order to see the inflation rate of the country – the higher the inflation the lower is the purchasing power.

A pip is the smallest price move that a given exchange rate makes based on market convention. Since most major currency pairs are priced to four decimal places, the smallest change is that of the last decimal point; for most pairs, this is the equivalent of 1/100 of 1%, or one basis point. 

(PMI) - The Purchasing Managers' Index, is an indicator of the economic health of the manufacturing sector. The PMI is based on five major indicators: new orders, inventory levels, production, supplier deliveries and the employment environment. The purpose of the PMI is to provide information about current business conditions to company decision makers, analysts and purchasing managers.