A poison pill is a defensive tactic used by a target company to prevent or discourage a hostile takeover. It…
A personal loan is a versatile financial tool that allows individuals to borrow a fixed amount of money, repaid over…
Permanent interest-bearing shares (PIBS) are a type of perpetual security that pays a fixed or floating interest rate indefinitely. They…
Percentage change measures the relative difference between two values. It's crucial for analyzing trends, growth, and decline in various fields…
Pay As You Earn (PAYE) is a system for collecting income tax at source. Employers deduct tax from employee wages…
An overdraft occurs when a bank allows a customer to withdraw more money than they have in their account. This…
OPEC is a cartel of oil-producing nations that coordinates petroleum policies to stabilize oil markets. Its decisions significantly impact global…
The OECD is an international organization that works to build better policies for better lives. It provides a unique forum…
An ordinary share, also known as common stock, represents ownership in a company. Holders have voting rights and are entitled…
Ordinary residence refers to the place where a person habitually lives, intending to remain indefinitely. It's a key concept in…