Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

Category: Finance

TANGIBLE COMMON EQUITY

Calculated by deducting intangible assets, preferred costs of equity from the book value of a firm.

TARGET COST

1. Contracting. Final cost that is agreed on. 2. Costing. Final cost of a service or product that needs to be achieved to generate desired sales revenue and income. See target costing.

TARGET VALUE

The output that is aimed for from process or the results aimed for in admeasurement.

SPECIAL WASTE

Waste that needs to be treated carefully due to a hazardous nature, offensive nature, size or state.

SPENDING PHASE

Part of person’s life where money spent if from existing assets as income has been reduced significantly.

SPLIT RATIO

Ratio of outstanding shares in comparison to amount of original shares before a stock split.

SPREAD TRADE

The simultaneous taking of 2 positions, one short and one long on 2 different instruments in order to profit from a negative move in one and a positive move in the other.

STAKEHOLDER

Group, organization or person who has a stake that can be affected by the organizations objectives, policies and actions. See corporate governance.

STARTUP

Phase describing the beginning of an enterprise that secures finances for the idea.

STATISTICAL COST

The cost that is determined by using statistical methods on historical data.

STEPPED INTEREST DEBENTURE

Debt security that is initially low but increases in stages until it reaches a fixed point and will stay at that rate until redemption.

STIPULATED SUM AGREEMENT

Contract where a set amount is set forth as a total payment on the completing of an agreement. See lump sum contract.

STOP BUY ORDER

Stop order variation where the broker has been told to buy a security or commodity at a certain price level.

STORY STOCK

any stock associated with a news item whose price is expected to move either up or down.

STRAPHANGER

A user of public transport who hangs onto straps provided to steady themselves during the journey.

STREET BROKER

A market broker who operates over the counter and not a broker from the stock exchange.

STRUCTURAL DESIGN

Manner where the load bearing members of a framework support each other in load sharing.

SUB JUDICE

Latin-under a judge. A matter or case that is before a judge or court for determination.

Topic Archives:

Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.