P&S

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P&S

Purchase and sale statement. A statement provided by the broker showing change in the customer's net ledger balance after the offset of any previously established positions.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

P&S

1. Purchase and sales. A statement that a brokerage gives to a client showing changes made to the client's portfolio. That is, the P&S sets forth the securities the client has bought and sold over a given period of time and the effect that has on the client's net positions.

2. The department in a brokerage that monitors transactions and prepares P&S statements.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

P&S

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.
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