PRIVATE EQUITY is equity securities of unlisted (non-publicly traded) companies. Private equities are generally illiquid and thought of as a long-term investment. Private equity investments are not subject to the same high level of government regulation as stock offerings to the general public. Private equity is also far less liquid than publicly traded stock.
PERVASIVE is having the ability to permeate. An error is pervasive if it is material to more than one of the primary financial statements.
PURCHASE DISCOUNT is a reduction in the purchase price, allowed if payment is made within a specified period.
Enter a term, then click the entry you would like to view.