Meaning PERLS: Principal Exchange-Rated-Linked Securities
More terms such as PERLS in Dictionary P.
- Definition Pay-Up:
- Examples resulting from a swap into higher-priced bonds or the need/willingness of a bank or other borrower to pay a higher rate of interest to get funds. Used in the context of general equities. (1) When an perls definition.
- Definition Plus:
- Examples price in 64ths. Dealers in government bonds normally give price quotes in 32nds. To quote a bid or offer in 64ths, they use pluses; a dealer who bids 4+ is bidding the handle plus 4/32 + 1/64, which perls explain.
- Definition Purpose Statement:
- Examples A form filed by a borrower that describes the use of a loan backed by securities, and guarantees that the funds lent will not be used illegally to buy securities against Federal Reserve regulations perls what is.
- Definition Pro Forma Financial Statements:
- Examples A firm's financial statements as adjusted to reflect a projected or planned transaction. What-if" analysis perls meaning.
- Definition Plan For Reorganization:
- Examples A plan for reorganizing a firm during the Chapter 11 bankruptcy process perls abbreviation.