Passive funds are those that are directly not dealt with, by the investor. It is the fund manager who makes all kinds of financial decisions and paves investment plans for the client. These include buying and selling of shares, securities and commodities.

Pay in refers to dates wherein the stock brokers pay for the securities bought by their clients. The payments are made to the respective stock exchange.

Pay outs are dates wherein the exchange releases payments to brokers for delivery of securities. The exchange makes the payments when stock brokers sell securities on behalf of their clients.

PE ratio is a very important determinant to let investors know if they have to buy the particular company's shares or not. It is calculated by dividing the current market price of the share by its relevant Earnings per share or EPS. It lets investors know the rupee value of earnings of the company.

Point of Presence is a point of contact the Pension Regulating Authority of India infests on the citizens or pension holders across the nation. The POPs make sure that pension holders receive their pay-outs on time.

Pool account is a common account maintained by the fund manager where he/she lodges the funds of all clients in a separate bank account.

Portfolio risk is the potential risk or threat put to investors across all spheres. The risk involved with investor receiving lower rates of return or profits on the stocks, shares, bonds or securities is known as a portfolio risk.

Positional calls are those options which inform investors on what the prices or stock indices would be, over a weekly or a monthly time-clause. Investors also look at prices of shares between 1-6 months to know where the stock of the said company is heading towards.

Preference share, otherwise known as a preferred stock is one where dividends are paid out to stake holders even before the common stock holders are paid off. In case the company goes bankrupt, the preference shareholders are entitled to be paid from the company.

The capital raised from issuance of preference shares is what makes up the Preference share capital.