Tag: bank

Short Selling

DefinitionIn finance, a short sale is the sale of an asset that the seller does not own. The seller effects such a sale by...

Savings Club

What is 'Savings Club' A non-incorporated group that has opened some type of savings or other deposit account. The money in the...

SAMA Foreign Holdings (Saudi Arabia)

What is 'SAMA Foreign Holdings (Saudi Arabia)' A Saudi Arabian sovereign wealth fund. The fund is controlled by the Saudi Arabian Monetary...

Savior Plan

What is 'Savior Plan' When management and employees borrow money to invest in their failing company in an attempt to save it....

Salomon Brothers World Equity Index (SBWEI)

What is 'Salomon Brothers World Equity Index - SBWEI' An index that measures the performance of fixed-income and equity securities from domestic...

Sallie Mae (Student Loan Marketing Association)

What is 'Sallie Mae - Student Loan Marketing Association' Sallie Mae is a publicly traded company that is the largest provider of...

Samurai Bond

DefinitionA samurai bond is a yen-denominated bond issued in Tokyo by non-Japanese companies, and is subject to Japanese regulations. These bonds provide the issuer...

Savings Bond Plan

What is 'Savings Bond Plan' A program that allows employees to purchase U.S. savings bonds, such as the Series EE and Series...

Saber Currency

What is 'Saber Currency' A proposed Brazilian currency that would be handed out by the Ministry of Education to 7-year-olds to be...

Bad Credit

DefinitionBad Credit was a comedy hip hop duo based out of San Diego, California which lasted from 2002 to 2008, fronted by musicians and...

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