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Trading term POW - What does it mean?


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Neutral Newbie

Anyone knows what POW in trading terms mean? Is it Point of Withdrawal?

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Anyone knows what POW in trading terms mean? Is it Point of Withdrawal?

 

meaning consignment basis...once drawn from store..the ownership is transferred to the customer....else cannot bill..cannot invoice

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Neutral Newbie

Erm...I'm still not sure...sorry... Let me elaborate... In trading stocks and shares, I have a P&L statement...this POW appears in my statement...and the figure is negative....say the amount is -$25,000... Does this mean that $25000 will be taken away from my trading account balance?

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Erm...I'm still not sure...sorry... Let me elaborate... In trading stocks and shares, I have a P&L statement...this POW appears in my statement...and the figure is negative....say the amount is -$25,000... Does this mean that $25000 will be taken away from my trading account balance?

 

 

you know when you read classic comics like Batman and superman in those days, when someone gets punched, he gets "pow" POW! POW!

 

 

so you kena POWed $25k?

 

heh heh

 

 

 

 

 

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Neutral Newbie

Erm...I'm still not sure...sorry... Let me elaborate... In trading stocks and shares, I have a P&L statement...this POW appears in my statement...and the figure is negative....say the amount is -$25,000... Does this mean that $25000 will be taken away from my trading account balance?

 

call or email them and ask, i'm sure have contact numbers in the statement. so much $ better call faster.

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Erm...I'm still not sure...sorry... Let me elaborate... In trading stocks and shares, I have a P&L statement...this POW appears in my statement...and the figure is negative....say the amount is -$25,000... Does this mean that $25000 will be taken away from my trading account balance?

 

Turn to the back of the statement, maybe the meaning is printed there? It's like that for some bank statements i received.

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Neutral Newbie

haha....no lah bro...I learning to read P&L statements [sweatdrop] This one I got from POEMS.... [lipsrsealed]

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haha....no lah bro...I learning to read P&L statements [sweatdrop] This one I got from POEMS.... [lipsrsealed]

 

 

sorry mate, this one I have never heard of in the financial context.

 

but there must be somewhere where they list down what the acronyms mean.

 

maybe you can just call them and ask? cheers

 

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Neutral Newbie

Done that already bro [nod] As usual, your level-headedness is [thumbsup][thumbsup][thumbsup] . Thanks dude!

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