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

Category: Finance

STANDBY LOAN

Mechanism of contingent capital where the lender gives a commitment to advance money on demand or at a future date.

STATE AGENT

A term, not commonly used to describe that agent who works in an area of one or more states.

STATUS SYMBOL

Acquisition of an item for its visible sign of belonging to a group or social class.

STEAMSHIP GUARANTEE

Undertaking by a bank that will indemnify the carrier from liabilities arising from a shipment release without necessary documents of shipping.

STEREOTYPE

1. General. (1) the relative fixed, erroneous and negative generalization held true for certain groups. (2). Having no individual features, stale. 2. Printing. Metal plate used on letter presses.

STOP PRICE

The price where a stop order generates the market order and the stop limit order generates the limit order.

STRAIGHT BILL OF LADING (B/L)

Not negotiable bill as goods are paid or don’t need payment such as a donation. Identification needed on delivery. Also known as consignment bill of lading.

STRATEGIC BALANCE

State combining long and short term objectives and factors in order to gain equilibrium.

STRENGTHS AND WEAKNESSES

Aspects, both positive and negative of internal and external environments under control of the decision maker. See SWOT analysis.

STRUCTURE

A framework or construction with elements identifiable giving stability and form and able to resist strains and stresses.

SUBCULTURE

Segments or pockets of culture that have different norms, customs, values due to geographical difference or goals and requirements.

SUBORDINATION AGREEMENT

Formal document that acknowledges a party’s interest or claim is inferior to that of another party.

SUBSTANDARD RISK

Term in the insurance industry for a person with a risk below average or impaired due to a dangerous hobby, health condition, disease history or living in unhealthy areas. Also called an

SUCCESS

1. The achievement of an action in a set period of time or within a set of parameters. Reaching a goal or project completion. 2. The term, colloquially used that derbies a

SUMMARY

Content overview providing the reader with the overall theme but no details that are specific.

SUPERANNUATION SCHEME

The retirement plan in Australia where monthly payments are made to the employee who has retired.

SUPERVISING

Regulating and monitoring a process or activity or tasks.

SURFING

Exploring the World Wide Web by following links from place to another.

SUSTAINABILITY

1. General. (1) Ability to substantiate a claim. (2) Ability to continue an activity in the long term. 2. Economics. Continuing growth or development without affecting the environment negatively.

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