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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

Present Value The current equivalent of payments or a stream of payments to be received at various times in the future. The present value will vary with the discount interest factor applied to future payments.

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