Similar financial terms
Private unrequited transfersRefers to resident immigrant workers' remittances to their country of origin as well as gifts, dowries, inheritances, prizes, charitable contributions, etc.
Private Export Funding Corporation (PEFCO)
Company that mobilizes private capital for financing the export of big-ticket items by US firms by purchasing at fixed interest rates the medium- to long-term debt obligations of importers of US products.
Private Equity Fund
A fund that buys majority stakes in companies and/or entire business units to restructure its capital, management and organization. Usually the targets are delisted (unless already unlisted), held private and restructured over a period of 3-7 years, and then again listed through an IPO.
Restructuring may be done through leveraged buyouts, venture capital, growth capital, angel investing, mezzanine debt, management share participation programmes and others.
Big players in th ...
Stock replacement strategy
A strategy for enhancing a portfolio's return, employed when the futures contract is expensive based on its theoretical price, involving a swap between the futures, treasury bills portfolio and a stock portfolio.
Replacement-chain problem
Idea that future replacement decisions must be taken into account in selecting among projects.
Replacement value
Current cost of replacing the firm's assets.
Replacement cycle
The frequency with which an asset is replaced by an equivalent asset.
Replacement cost
Cost to replace a firm's assets.
Placement
A bank depositing Eurodollars with (selling Eurodollars to) another bank is often said to be making a placement.
Direct placement
An issuer's bypassing the dealer and selling the security directly to the investor.
Replacement cost
What it would cost today to replace a company’s existing assets.
