Category: S

A measurement, through standard deviation, comparing a portfolio

Satisfying the offer to purchase all or some of a shareholders stock by borrowing common stock to pay for the tender offer.

The spread illustrating the difference between natural gas and electricity. The spread is bought while in positive margins and sold once the margins become negative. Refer to crack spread.

The trigger of a change from annual to staggered reelection of the director of a company by offering external tender as an antitakeover defense.

The written explanation of unique securities that are not well known on the market in order to make them appear less risky and more marketable.

The shortest living trance of a mortgage in a series. It is retired through early repayment.

Selling inventory to pay off an asset conversion loan that is secured or unsecured usually obtained for a product that is seasonally demanded. AKA asset conversion loan.

A regulation imposed by the securities and exchange commission that allows securities to be registered once every two years causing advance registration of securities. AKA rule 415 registration.

An option that allows the buyer to lock in the profit before the possible loss occurs. Refer to cliquet, ladder, fixed strike shout, and floating strike shout option.

The ability of a company to get returns to shareholders. This is done when a company cannot decide on new opportunities that will generate profits for shareholders. Refer to cutting the melon

A UK GILT STRIP security known as a Sterling Transfer Accruing Government Security.

Applying reductions equally to a depreciable assets value in relation to predictions of its anticipated maturity. Refer to accelerated depreciation.

Debt where securites are issued directly by a company not a trust. They mature in 10 to 30 years and must be approved by an insurance regulators.

A bond issued by a foreign company using the yen as currency in the market in Japan. Refer to daimyo, geisha, shibosai, and shogun.

A secular firm with the ability to regulate and standardize the industry by providing ethical rules.

A foreign company using the yen to make a transaction in Japan. Refer to daimyo, geisha, samurai, and shogun.

A bill that must be paid to the hold when presented.

Currency that was brought about in 1970 to supplement national reserves and maintain foreign exchange market stability. This is a convertible currency.

Anyone with that has a legal, financial or social interest in a company such as shareholders, managers, suppliers, directors, government, employees and the community. Refer to direct stakeholders and indirect stakeholders.

Purchasing or selling options with the same maturity date but different strike prices taking advantage of market volatility. Refer to straddle.