There are 10 Terms in this directory beginning with the letter P.
Passive Investors are investors which purchase investments for long term appreciation and limited maintenance. This is a good way to invest your surplus funds, so you earn additional income on top of your regular employment or business activities.
Personal Liability is a financial obligation that an individual is responsible for.
Personal Loans are loans which are issued without a security/asset as collateral. They are also referred to as unsecured loans. For example, a personal loan may be a loan used to finance a wedding. Funding.com.au does not offer any unsecured personal loans.
A portfolio is a grouping of financial securities or assets (investments, bonds, stocks, equities). They are either ‘managed’ by financial professionals or ‘held’ by investors.
Portfolio Performance involves understanding how well a managed portfolio has performed in relation to comparison benchmarks.
A Prepayment Penalty is a clause in a loan contract confirming that if a loan is pre paid before the due date a penalty may be applied.
Principal is the amount of money that is actually borrowed. If for example you were to take out a $400,000 loan, this is the principal. By the time you pay back the loan, you may pay back $436,000 (depending on the interest rate). The $36,000 is the interest and the $400,000 is the principal.