money and financial problems

Pot trusts (also called family pot trusts, discretionary trusts, or sprinkling trusts) are a type of trust where the trustee is allowed to give funds to the beneficiaries according to their relative needs.

• trusts

Power of sale clause is a provision in many secured loans that allow lenders to receive a non-judicial foreclosure on the assets securing loans in default.

Preferred stock are shares issued from a company that have priority in receiving dividends and other benefits over common stock. The exact benefits offered by a preferred stock may vary, but all have some form of priority over common stockholders. When issued, the preferred dividends are listed numerically or as a percentage of the issuance price.

Primary liability is a legal obligation that attaches directly to a party whose actions or omissions constitute a violation of law or create a duty to perform

Priority refers to the order of preference given to different interests or rights. Priority appears in multiple areas of law regarding debt, equity, bankruptcy, and patents.

Private mortgage insurance, also known as PMI, is a type of insurance that covers the mortgagee (the lender) against losses resulting from a breach of the mortgagor's obligation to repay the loan.

A probate court is a court of limited jurisdiction that handles matters related to a person’s death and the administration of their estate.

Proceeds for damaged exempt property are the insurance payouts or awards received as part of legal dispute regarding exempted assets in bankruptcy. When a person goes into bankruptcy, some essential assets are exempted from the reach of creditors to allow for the person to continue living.

Profit margin, also called net profit margin, is a financial ratio expressed as a percentage that measures how much of a company’s revenue remains as profit after deducting costs.

Proof-of-work (PoW) is a consensus mechanism used to regulate the addition of new blocks to certain blockchains, such as Bitcoin. In a PoW system, miners compete to solve a complex mathematical puzzle.

• CRYPTOCURRENCY