Straight Voting A company shareholder may use all his shares to vote for the same candidate during the Board of Directors selection. Random Finance Terms for the Letter S Stopping Curve Refunding Rate Stop-Limit Order Straddle Straight Line Depreciation Straight … [Read more...]
Stratified Sampling Approach to Indexing
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Stratified Sampling Approach to Indexing A method of dividing the index into cells where each cell represents a specific index characteristic such as maturity or duration. Random Finance Terms for the Letter S Stopping Curve Refunding Rate Stop-Limit … [Read more...]
Stratified Sampling Bond Indexing
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Stratified Sampling Bond Indexing Technique of bond indexing in which the index is divided into cells and each cell represents a different bond characteristic. Random Finance Terms for the Letter S Stopping Curve Refunding Rate Stop-Limit Order Straddle Straight Line … [Read more...]
Street Name
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Street Name Securities that are held on a client’s behalf by a broker but registered in a Wall Street firm’s name. Random Finance Terms for the Letter S Street Name Strike Index Strike Price Strip Mortgage Participation Certificate (Strip PC) Stripped Bond Stripped … [Read more...]
Strike Index
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Strike Index An index option’s strike price. The option buyer can sell or purchase the underlying stock index at this value. Random Finance Terms for the Letter S Street Name Strike Index Strike Price Strip Mortgage Participation Certificate (Strip PC) Stripped … [Read more...]
Strike Price
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Strike Price By exercising the option contract, the price at which a call option owner can buy the underlying stock or a put option owner can sell the underlying stock. Random Finance Terms for the Letter S Street Name Strike Index Strike Price Strip Mortgage … [Read more...]
Strip Mortgage Participation Certificate (Strip PC)
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Strip Mortgage Participation Certificate (Strip PC) When Freddie Mac purchases ownership in some specific mortgages from the same seller, a Strip PC representing this ownership interest is issued. Random Finance Terms for the Letter S Street Name Strike Index Strike … [Read more...]
Stripped Bond
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Stripped Bond A bond which can be further broken down into zero-coupon bond series. A stripped bond has zero reinvestment risk as payment to the investor will only take place at maturity. Random Finance Terms for the Letter S Street Name Strike Index Strike Price Strip … [Read more...]
Stripped Mortgage-Backed Securities (SMBSs)
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Stripped Mortgage-Backed Securities (SMBSs) A kind of mortgage backed securities where cash flows are split into two components - principal repayment and interest repayment. This increases the level of customization that investors can get from these securities. Random … [Read more...]
Strip Strap
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Strip Strap Two straddle variants. On a stock, a strip is one call and two puts while a strap is one out and two calls. The expiration date and strike price on the puts and calls is the same in both cases. Random Finance Terms for the Letter S Street Name Strike … [Read more...]
Strong-Form Efficiency
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Strong-Form Efficiency The highest form of pricing efficiency where a security’s price reflects all public and private information about it. Random Finance Terms for the Letter S Street Name Strike Index Strike Price Strip Mortgage Participation Certificate (Strip … [Read more...]
Structured Arbitrage Transaction
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Structured Arbitrage Transaction A series of self-financed, self-hedged transactions where the primary assets utilized are mortgage securities. Random Finance Terms for the Letter S Street Name Strike Index Strike Price Strip Mortgage Participation Certificate (Strip … [Read more...]
Structured Portfolio Strategy
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Structured Portfolio Strategy Design of a portfolio such that the expected returns match the pre-determined liabilities that have to be paid in the future. Random Finance Terms for the Letter S Structured Portfolio Strategy Structured Settlement Subject Subject to … [Read more...]
Structured Settlement
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Structured Settlement In a lawsuit settlement, it is an agreement that involves making specific payments over a certain time duration. Companies sometimes purchase insurance policies to cover the risks and costs of structured settlements, in case of an eventuality. Random … [Read more...]
Subject
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Subject An offer or bid that requires a confirmation from the customer before it can be executed. Random Finance Terms for the Letter S Structured Portfolio Strategy Structured Settlement Subject Subject to Opinion Subjective Probabilities Subordinated Debenture … [Read more...]
Subject to Opinion
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Subject to Opinion Auditor’s opinion that the company’s financial statements are fairly presented subject to future uncertainties that cannot be estimated, measured or provided at the time the opinion is provided. Random Finance Terms for the Letter S Structured … [Read more...]
Subjective Probabilities
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Subjective Probabilities Determination of probabilities subjectively, using personal judgment and past experience as opposed to statistical samplings and formal calculations. Random Finance Terms for the Letter S Structured Portfolio Strategy Structured … [Read more...]
Subordinated Debenture Bond
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Subordinated Debenture Bond Unsecured bonds that have a lower priority than other debt. In a bankruptcy/liquidation process, such bonds will be repaid after secured debts, debenture bonds and other creditors have been repaid. Random Finance Terms for the Letter … [Read more...]
Subordinated Debt
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Subordinated Debt In a bankruptcy process, the senior debt holds priority over the subordinated debt. Only after the senior debt has been paid off will the subordinated debtholders get payments. Random Finance Terms for the Letter S Structured Portfolio … [Read more...]
Subordination Clause
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Subordination Clause In a debt contract, it is a clause that states that the current debt in the contract will be prioritized over all other debts should the debtor go bankrupt in the future. Random Finance Terms for the Letter S Structured Portfolio Strategy Structured … [Read more...]
