Meaning PIT: A specific area of the trading floor that is designed for the trading of commodities, individual futures, or option contracts
More terms such as Pit in Dictionary P.
- Definition Profit Center:
- Examples A division of an organization held responsible for producing its own profits pit definition.
- Definition Plus Tick Seller:
- Examples Used for listed equity securities. A short seller (referring to the regulation requiring a plus tick to short pit explain.
- Definition Personal Exemption:
- Examples Amount of money a taxpayer can exclude from personal income for each member of the household in calculation of a tax obligation pit what is.
- Definition Private Market Value (PMV):
- Examples The break-up market value of all divisions of a company if divisions were each independent and established their own market stock prices pit meaning.
- Definition Placement:
- Examples A bank depositing Eurodollars with (selling Eurodollars to) another bank is often said to be making a placement pit abbreviation.