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Abbreviations glossary

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P

P&L
profit and loss
P/E
price/earnings (ratio)
P2G
Pillar 2 guidance
P2P payment
peer-to-peer payment
P2R
Pillar 2 requirement
PCE
personal consumption expenditure
PD
probability of default
PE-ACH
See
pan-European automated clearing house (PE-ACH)
PIN
See
personal identification number (PIN)
PPI
prudential policy index
PPP
See
purchasing power parity (PPP)
PQD
public quantitative disclosure
PSPP
public sector purchase programme
PvP
See
payment versus payment (PvP)