Floating-Rate Preferred

Business / Finance / Floating-Rate Preferred: In an interest rate swap, the counterparty who pays a rate based on a reference rate, usually in exchange for a fixed-rate payment.

Auction Rate Preferred Stock (ARPS)

Business / Finance / Auction Rate Preferred Stock (ARPS): Floating-rate preferred stock, whose dividend is adjusted every seven weeks through a Dutch auction. MORE

Preferred Provider Arrangement (PPA)

Health / Health Insurance / Preferred Provider Arrangement (PPA): As defined in state laws, a contract between a healthcare insurer and a healthcare provider or group of providers who agree to provide services to persons covered under the contract. Examples include MORE

Preferred Provider Organization (PPO)

Health / Health Insurance / Preferred Provider Organization (PPO): A healthcare benefit arrangement designed to supply services at a discounted cost by providing incentives for members to use designated healthcare providers (who contract with the PPO at a discount), MORE

Preferred Orientation

Science / Geology / Preferred Orientation: Any deviation from randomness in the distribution of the crystallographic or grain shape axes of minerals of a rock (including flow cleavage and foliation), produced by deformation and non-uniform str MORE

Preferred Provider Organization (PPO) Plan

Health / Dentistry / Preferred Provider Organization (PPO) Plan: A specific type of CIGNA health plan with a national network of physicians. Plan members can visit physicians both in and out of the network, and can visit specialists without a referral. Members don' MORE

Preferred Habitat Theory

Business / Finance / Preferred Habitat Theory: A biased expectations theory that believes the term structure reflects the expectation of the future path of interest rates as well as risk premium. The theory rejects the assertion that the risk prem MORE

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