| Paid-Up Capital | The amount of a company's authorised capital which has been subscribed by shareholders. |
| Par Value | The nominal price of a share, loan stock or debenture. |
| Pari Passu | In relation to a statement that newly issued shares rank pari passu with all existing shares, such newly issued share rank equally in every respect with all the other shares of the same class previously issued. |
| Portfolio | A selection of securities held by an investor. |
| Premium | The amount by which a share is quoted above its paid-up value. |
| Price Earnings Ratio | The relationship between the price of a share and the earnings of the company attributable to that share, the result being expressed as the current share price divided by the latest available figure of earnings per share. |
| Private Company | A company in which the number of its members is restricted to 50. |
| Privatisation | The Government's exercise of the transfer to private ownership companies or public enterprises owned by the Government. |
| Prospectus | The document to be issued by a company intending to make an issue of shares to the public. |
| Proxy | One who is given written authority to vote for and on behalf of a shareholder at a meeting of the company. |