Category: S

Secondary disaster. An event that occurs after the occurence of an earlier event. An example would be the smoke caused by a fire.

Standards of communicationthat are used to ensure a secure transfer of data communication. Mastercard and Visa have developed the Secure Electronic Transaction protocol.

How well a department is performing when compared to thw whole operations of a company.

1. Banking. A cheque that is issued to one’s self or a cheque presented to the bank it was drawn.2. Alternative for a self test

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

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

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

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

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

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

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

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

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.

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

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

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

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

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.

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

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