Outrageously Funny Word Dictionary :: Pecols

👉 Pecols are a type of financial instrument that is primarily used in the context of equity markets, specifically in the United States. These instruments represent the difference between the purchase price and the current market price of an underlying asset. The pecol is typically denominated in terms of dollars or euros, with the pecol being calculated as the difference between the purchase price and the market price at the time of purchase. Pecols are often used to hedge against changes in the value of a security,

Pecols