Pain Trade
The term "pain trade" was defined in a Barron's May 2008 article, "Rx for the 'Pain Trade.'" as "the market conditions that will cause the most discomfort…
Pajama Trader
There are two kinds of traders who have been called "pajama" (or "pyjama") traders. A "pajama trader" is a small investor, who might trade from home (while wearing…
Paperati (paper + -ati)
"Paperari" is a portmanteau of "paper" and perhaps "literati," forming a word that resembles "paparazzi." The term comes from the precious metals blog…
Paperbug or Paper Bug (paper money enthusiast)
"Paper bug" or "paperbug" is a term similar to the older terms "gold bug" and "silver bug." ("Bug" is a slang term for "enthusiast.") A…
Pass Over Opportunity Repeatedly (“poor” backronym)
"Psss/Passing Over Opportunity/Opportunities Repeatedly" is sometimes given as a backronym (back acronym) for the word "poor." "Moms, Are you POOR? Passing Over Opportunity…
Patriotic Millionaire
The group Patriotic Millionaires for Fiscal Strength began in November 2010 to lobby for the expiration of tax cuts for the wealthy. The group believed that the United States was in financial…
PAYGO or PAYG (pay-as-you-go)
Entry in progress -- B.P. Wikipedia: PAYGOPAYGO (pay-as-you-go) is a term used to refer to financing where budgetary restrictions demand paying for expenditures with funds that are made available…
PayPutz (PayPal nickname)
PayPal is an American multinational financial technology company operating an online payments system. Some critics (who don't think it's much of a "pal") have called the company…
Peakist
Entry in progress -- B.P. Wiktionary: peakistNounpeakist (plural peakists)1. A supporter of the peak oil theory, or one who advocates policies that depend on this theory Wikipedia: Peak oilPeak oil…
Penny-Pinching (Penny-Pincher)
A "penny-pincher" is someone who is extremely frugal and who counts every penny. The English dramatist Thomas Dekker (1572-1632) wrote "Hang these penny-pinching fathers" in his…
Permabear (Perma-bear)
A "permabear" (or "perma-bear" or "perma bear") is a person who believe that the stock market will go down -- a "bear market" pessimist or "permanent…
Permabull (Perma-bull)
A "permabull" (or "perma-bull" or "perma bull") is a person who believe that the stock market will go up -- a "bull market" optimist or "permanent…
Permawrong (Permaright)
"Permabull" has been cited in print since at least 1994 and "permabear" since at least 1995. It's been said that the permabears and permabulls can be "permawrong"…
Pet Bank
'Pet bank" is a derisive term that was applied to state banks that were selected to receive government deposits in 1833, taking the place of the Second United States Bank that President…
Pet Rock (gold nickname)
"Pet rocks" were a fad in the 1970, started by advertising executive Gary Dahl. Dahl sold the worthless rocks, along with a joke insruction booklet for handling the "pet." Gary…
Peter Pan Economics (Peter Pan Economy)
J. M. Barrie's character of "Peter Pan" ("the boy who wouldn't grow up") has been featured in novels, stage plays, musicals and films. Peter Pan believes to himself…
Petrodollar
A "petrodollar" (petroleum + dollar) is a United States dollar earned by a country (such as an OPEC country) in the sale of its petroleum exports to another country. Georgetown University…
Petrogold
"Petrodollar" has been cited in print since 1973; "petrogold" has been cited in print since at least 2008. The "petrogold" term was popularized on the blog Zero Hedge…
Phyz or Phyzz (physical asset)
A "physical" asset means possesion of the actual thing, not a paper promise for it. "Physical" gold or silver means having actual gold or silver, not paper certificates for it.…
Piggy Bank
A "piggy bank" is a vessel where money can be inserted; it was originally shaped like a pig, but can be other animals and objects. "Pig bank" is cited in print from 1895 and…