The stock market is one industry that uses the PPS acronym.
"PPS" is an acronym used in several fields and industries, including the stock market, health care and statistics. Some of the most common uses are "participating preferred stock," "price per share," "Prospective Payment System" and "probability proportionate to size."
Participating Preferred Stock
In the stock market, owners of participating preferred stock receive benefits in addition to normal share dividends. Examples of these benefits include an additional dividend based on a predetermined condition and the right to receive the stock's purchasing price back should the stock be liquidated.
Price Per Share
"Price per share" is a stock market term used to describe the cost of each share of a particular type of stock. Average price per share is calculated by dividing the total cost of the shares by the number purchased.
Prospective Payment System
"Prospective Payment System" is a term used between health-care providers and the U.S. Department of Health and Social Services regarding Medicare and Medicaid reimbursements. The government reimburses the provider based on a fixed amount that is predetermined by the classification of the service provided.
Probability Proportionate to Size
In statistics, probability proportionate to size is a sampling technique for surveys in which the researcher is able to find a representative sample of a population by selecting a sampling unit that is proportional in size to that population. This technique is most useful when sampling units vary substantially.
Tags: stock market, Payment System, Prospective Payment, Prospective Payment System, participating preferred stock