Abbreviations glossary

profit and loss

price/earnings (ratio)

Pillar 2 guidance

peer-to-peer payment

Pillar 2 requirement

personal consumption expenditure

probability of default

See pan-European automated clearing house (PE-ACH)

See personal identification number (PIN)

prudential policy index

See purchasing power parity (PPP)

public quantitative disclosure

public sector purchase programme

See payment versus payment (PvP)