Terms beginning with S

• Salary Reduction Plan
  A tax deferred retirement plan which provides for an employee to have a certain amount of gross salary withheld and invested in a choice of ...(Read more)
• Sales
  Total value of goods or services sold by a company in a period of time, often called turnover or revenue. Sales are recognised in the accoun...(Read more)
• Sales Charge
  A brokerage fee charged to a buyer of securities, shares in a mutual fund or property. In the case of securities, the charge is deducted pri...(Read more)
• Sales Ledger
  See ledger....(Read more)
• Sales Tax
  In the US, a state or local government tax levied on goods and services. The amount of tax is based on a percentage of the selling price. A...(Read more)
• Sallie Mae
  Familiar name for the SLM Corporation (formerly the Student Loan Marketing Association), a US body that guarantees student loans traded in t...(Read more)
• Samurai Bond
  A bond issued by a foreign borrower in Japan. Denominated in yen, it can be bought by non-residents of Japan....(Read more)
• Sarbanes-Oxley Act
  US legislation that tightened up corporate financial reporting, introducing a federal accounting supervision board and criminal liability fo...(Read more)
• Save As You Earn
  A former UK government scheme that allowed tax concessions to people making regular savings from their salaries into certain building societ...(Read more)
• Savings Account
  An account with a bank or financial institution which pays interest on the balance held, usually monthly or annually, with the amount of int...(Read more)
• Savings And Loan (association)
  In the US, a federal or state financial institution that takes depositors savings in return for dividends and provides home mortgage loans....(Read more)
• Savings And Loan Association
  In the US, a financial institution in which depositors' savings are used to provide home mortgages loans....(Read more)
• Savings Element
  The cash value which accumulates within a life insurance policy. The premium is applied to give both life cover plus a savings element whic...(Read more)
• Savings Rate/ratio
  The amount saved by a countrys population divided by disposable income, expressed as a percentage....(Read more)
• Scalper
  A trader who buys and sells quickly to take advantage of small price fluctuations. Usually a scalper is ready to buy at the bid and sell at ...(Read more)