Glossary
Friday, 19 April 2024, 10:45 PM
Site: Open Learning
Course: Organisations and the financial system (B294_1)
Glossary: Glossary
P
PremiumThe difference between the price paid by a shareholder for a share and the share's nominal value, that is, the excess above the nominal value. |
PrivatisationPrivatisation is the process of transferring the ownership of a company or industry from the public to the private sector. |
ProspectusA prospectus is a formal document that details a financial security, such as stocks and bonds, intended for public offering. The aim of the prospectus is to help investors make more informed investment decisions. |