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

Category: Finance

SELF-EVALUATION

Taking a look at one’s development and progress to determine if a situation has improved and what area may need improvement.

SELL OFF

intensive selling in a market that is in decline that is spurred on by the threat of lower prices.

SENSOR

A device that can detect changes in environmental conditions or the state of another device and sends the information to another place.

SERIAL TRANSMISSION

A transmission of data in one direction with a stop and start bit following an 8 digit character.

SERVICE GOODS

Goods that have a set of common standard features and only differ in price such as radios, TVs and air conditioners.

SERVICES

A product that is not tangible but is a service such as banking, education, cleaning and transportation.

SEVERALLY

Solely, seperately, singly or exclusively. Owned by only one entity.

SHARED APPRECIATION MORTGAGE (SAM)

A mortgage that is written at a rate that is less than the market rate that will give the lender an increased value in the property that is being mortgaged for a

SHELL COMPANY

A firm that does not trade formed to raise funds , attempt the take over, go public or as the front for an illegal venture. See shelf company.

SHIPPING TARIFF SCHEDULE

A formal list of all freight charges, how they are calculated and applied. It can include an alternative tariff, clas tariff, and a commodity tariff. Also known as a shipping tariff, or

SHORT

1. Less than a required or needed amount. 2. A short position trader.

SHORT STRADDLE

A strategy used in options trading where a short position is taken at the same time a s a call option and a short option on the same asset. The opposite of

SHORTAGE

A situtation that has arisen where quantity of an item is less than the demand for that item.

SHRINKWRAPPED SOFTWARE

An off- the- shelf software that is found in retail outlets and commercially available that is in contrast to software that is specially written for a company.

SIGNIFICANT

A measurement of how well a compoany is performing against its competitors.

SINGLE BRAND NAME

The name of a brand that is not associated or affiliated with any other brand name.

SINGLE SOURCE DATA

A data collection accumulated by researching all of the lifestyles and demographics of a single area.

SITING

A series of steps taken in order to choose the location for a facility or firm.

SKILLED WORKER

A worker that has the knowledge and training to do a particular job such as an electrician or mechanic.

SLEEPER

Stock that is not popular with investors but has significant growth potential once it attracts attention. The opposite of a high flyer.

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.