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PAThe two-character ISO 3166 country Code for PANAMA.PA Similar MatchesPaid up policyPaid up policyIn the USA, a life insurance policy where all premiums have been paid. This may be a policy where premiums are paid for a set number of years after which it is deemed paid up although continuing in force. In the UK, this is cancellation of premiums for a life assurance policy during the policy term where, instead of the policyholder applying for the cash value, he/she elects to leave premiums paid to date as a paid up policy which will give reduced benefits at maturity. Business Expansion SchemeBusiness Expansion SchemeA tax-efficient investment vehicle, designed to provide venture capital funds for small businesses. Replaced by the Enterprise Investment Scheme in 1994. Closed end management companyClosed end management companyAn investment company that has only a set number of shares of the mutual fund that it manages, and does not create new shares if demand increases. Antithesis of an open-end management company. Public limited company (plc)Public limited company (plc)A company registered as a public company which has an unlimited number of shareholders, and can offer its shares to the public.Most UK companies are incorporated as limited companies. Some of them grow to the point where they want to expand their shareholder base, and raise capital by listing on the London Stock Exchange. To do that, they need to convert their status to that of a plc. Lehman Brothers Municipal Bond IndexLehman Brothers Municipal Bond IndexA benchmark index that includes investment-grade, tax-exempt, and fixed-rate bonds with long-term maturities (greater than two years) selected from issues larger than $50 million. Further SuggestionsExpansionI I page par value Feasible target payout ratios Central parity statutory sick pay (SSP) Disparity Passive management Dividend payout ratio Above par Transparency Path dependent option Limited partnership Patent Doorway page Take or pay contract Patent Commercial paper bond anticipation note Payments imbalance Landing page Passive Activity Loss (PAL) non participating life insurance policy Purchasing power parity theory Mutual company |
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