What is Peer Review? Peer review is the process by which scholar’s assess the quality and accuracy of one another’s research papers. Peer review is most frequently employed within academia, where professors evaluate each others’ work before it is published in major academic research journals. Key Takeaways Peer review is the process by which academic
What Is Peer-to-Peer (P2P) Lending? Peer-to-peer (P2P) lending enables individuals to obtain loans directly from other individuals, cutting out the financial institution as the middleman. Websites that facilitate P2P lending have greatly increased their adoption as an alternative method of financing. P2P lending is also known as “social lending” or “crowd lending.” It has only
What Is a Peer-To-Peer (P2P) Economy? A peer-to-peer (P2P) economy is a decentralized model whereby two individuals interact to buy sell goods and services directly with each other or produce goods and service together, without an intermediary third-party or the use of an incorporated entity or business firm. In a peer-to-peer transaction, the buyer and
What is Peer-to-Peer (P2P) Insurance? Peer-to-Peer (P2P) insurance is a risk sharing network where a group of individuals pool their premiums together to insure against a risk. Peer-to-Peer Insurance mitigates the conflict that inherently arises between a traditional insurer and a policyholder when an insurer keeps the premiums that it doesn’t pay out in claims.
What Is the PEG Payback Period? The PEG payback period, or price/earnings-to-growth (PEG) ratio, is a key ratio that is used to calculate the length of time it would take for an investor to double the amount invested in a stock. To determine the PEG ratio, divide the price-to-earnings ratio of the stock by the
What Is the Price/Earnings-to-Growth (PEG) Ratio? The price/earnings to growth ratio (PEG ratio) is a stock’s price-to-earnings (P/E) ratio divided by the growth rate of its earnings for a specified time period. The PEG ratio is used to determine a stock’s value while also factoring in the company’s expected earnings growth, and it is thought to
What Is a Pell Grant? A Pell Grant is need-based federal aid for students in post-secondary education. In contrast with student loans, Pell Grants do not have to be repaid except in rare instances. Key Takeaways Pell Grants are awarded based on financial need and, unlike loans, typically don’t have to be repaid.Applicants must complete
What Is a Penalty Bid? A penalty bid is an offer to take part in an initial public offering (IPO), in which the buyer is disincentivized from selling their shares shortly after the purchase. Specifically, penalty bids specify that if the investor “flips” the shares within a specified period of time, the broker who processed
What Is the Pending Home Sales Index (PHSI)? The Pending Home Sales Index (PHSI) is an index created by the National Association of Realtors (NAR) that tracks home sales where a contract is signed, but the transaction has not yet closed. The PHSI is a leading indicator of future existing home sales. It typically takes
What Is Penetration Pricing? Penetration pricing is a marketing strategy used by businesses to attract customers to a new product or service by offering a lower price during its initial offering. The lower price helps a new product or service penetrate the market and attract customers away from competitors. Market penetration pricing relies on the strategy of
