CORPORATE & 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

A lease by a U.S. lessor to a foreign lessee authorized under the 1984 Tax Reform Act. Accelerated depreciation is slowed down to a straight-line basis over a longer recovery period. Named after Congressman Pickle of Texas.