P

P

Fifth letter of Nasdaq stock symbol specifying issue is the company's first class of preferred shares.

Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

P

1. A symbol indicating an initial dividend on a stock. It is used most often on transaction tables in a newspaper.

2. A symbol indicating that a mutual fund charges a distribution fee. It is used most often on transaction tables in a newspaper.

Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

p

1. Used in the dividend column of stock transaction tables in newspapers to indicate an initial dividend: .50p.

2. Used in mutual fund transaction tables in newspapers to indicate that a distribution cost is charged.

Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.