Privatisation: Transferring State-Owned Assets to Private Ownership
Privatisation involves the transfer of ownership, control, and management of state-owned enterprises and assets to the private sector. This aims to boost efficiency, competition, and economic growth through market forces.
Primary Discount Rate
The primary discount rate is the interest rate at which commercial banks can borrow money directly from the central bank. It's a key tool for monetary policy, influencing credit availability…
Price to Earnings Ratio (PE Ratio)
The PE ratio compares a company's current share price to its earnings per share. It's a valuation metric used to determine if a stock is overvalued or undervalued by investors.…
Premium Bonds: A Guide to National Savings’ Lottery
Premium Bonds are a savings product from National Savings and Investments (NS&I) offering tax-free prizes instead of interest. They are a popular, secure way to save with the chance of…
Preliminary Announcement (Prelim)
A preliminary announcement, or 'prelim', is an early, often unverified, disclosure of information. It serves to gauge interest and gather feedback before a formal release, typically in research or product…
Preference Shares: A Hybrid Investment
Preference shares offer a unique blend of debt and equity features. They provide fixed dividends, similar to bonds, but represent ownership, like stocks, making them a distinct investment class.
Precipice Bonds: Understanding High-Yield Debt
Precipice bonds are high-yield debt instruments that carry a significant risk of default. Often issued by companies with weak financial standing, they offer attractive interest rates but pose substantial investment…
Poverty Trap Explained
A poverty trap is a self-reinforcing cycle where poverty prevents individuals or nations from escaping it. Factors like low income, poor education, and limited opportunities perpetuate this cycle.
The Pound Sterling (£): A Comprehensive Overview
Explore the Pound Sterling (£), the official currency of the United Kingdom. Learn about its history, denominations, economic significance, and its role in global finance. Understand its impact and current…