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Portfolio
A group of investment assets.

Portfolio diversification
Choosing alternative investment instruments having different risk-return features. Diversification provides a lower but acceptable overall return.

Portfolio income
Interest, dividends, royalties (unless earned in the ordinary course of business) and gains from the sale of property that generates this type of income. Portfolio income cannot be used to offset passive activity losses. Real estate investments produce rental and lease payment income. Investments in mortgages and other long-term debt instruments produce interest income, while equity investments generate dividends.

Portfolio lender
Lender that makes loans with its own funds and keep the loans on the company's books, inside the institution's portfolio.

Portfolio standard
The requirement that an electric power utility generate or purchase a specified percentage of the power it supplies/sells from renewable energy resources, and thereby guarantee a market for electricity generated from renewable energy resources.

Portico
(1) Porch supported by a row of columns. (2) Classic covered colonnade at the entry of a building.

Portland blast-furnace slag cement
Type of cement which, in accordance with ASTM C595, has granulated nonmetallic silicates and aluminosilicates remaining from iron ore, known as blast furnace slag, added to the mix.

Portland cement
Mixture of cement rock, clay, limestone, shells, shale, sand, iron ore, which is ground and calcined and undergoes a chemical reaction, when mixed with water, that turns it into a strong, hard, uniform structural material, which is used as a base material for concrete and mortar.

Portland-pozzolan cement
ASTM C595 cement with siliceous or siliceous and aluminous material added so that, in the presence of water, it reacts with the calcium hydroxide in the cement to form compounds that bond and add strength to the cement. Used primarily for bridge piers or dams, the heat and volume change occurring during curing is reduced.

Positioned weld
Joint weld made from a good position for welding so that the best weld can be made.

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