WEALTH MANAGEMENT GLOSSARY

Par Value

Passive Activity

Payable Date

Per Capita

Per Stirpes

Personal Property

Personal Representative

Physical Certificate

Portfolio

Power

Power Of Appointment

Power Of Attorney

Precatory Words

Preferred Stock

Prime Rate

Principal

Principal Portfolio

Probate Court

Probate Of Will/Probate

Prospectus

Proxy

Prudent Investor Rule

The authority or right to do or to refrain from doing a particular act, as a trustee's power of sale or power to withhold income.