PORTFOLIO
A collection of securities, including shares and bonds, held by an investor.
 
PRICE or SHARE PRICE
The price quoted for a transferable security during a stock-market session.
 
PRICE-EARNINGS RATIO
Ratio of the current share price divided by earnings per share. Its use enables a comparison between different securities and it may also be applied to the market as a whole.
 
PRIVATISATION
Sale of shares in public companies to private investors.
 
PUBLIC OFFER FOR SALE
The sale of equity or debt to the public by a company in order to raise funds within the framework of a regulated market.
 
PUBLIC OFFERING  
The sale of equity or debt to the public by a company in order to raise funds.