CORPORATE AND INSTITUTIONAL GLOSSARY

Packing List Par Par Value Parcel Post Receipt Parcel Receipt Shipment Parity Payee Payment Date Perils Of The Sea Phytosanitary Certificate Pickle Lease Pip Point Port Of Discharge Port Of Entry Port Of Loading Position Power Of Attorney Pre-Authorized Payments Premium Prenotifications Present Value Presentation Time Price Per Share Pro-Forma Invoice Promissory Note Protest Purchase Contract Purchase Option Put Put Option

Parity A market price for an option that is identical to its intrinsic value.

Corporate & Institutional Customer Service