9 Terms
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General Finance
Industry: Financial services
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General Finance
specialist unit
Financial services; General Finance
A specialist who maintains a stable market by acting as a principal and agent for other brokers in one or many stocks.
Summary plan description (SPD)
Financial services; General Finance
A document that explains the fundamental features of an employer's defined benefit or defined contribution plan, including eligibility requirements, contribution formulas, vesting schedules, benefit ...
semistrong-form efficiency
Financial services; General Finance
A form of pricing efficiency that profits the price of a security fully reflects all public information (including, but not limited to, historical price and trading patterns). Compare weak-form ...
seed money
Financial services; General Finance
The first contribution by a venture capitalist toward the financing of a new business, often using a loan or purchase of convertible bonds or preferred stock. See: Mezzanine level and second round.
spot rate curve
Financial services; General Finance
The graphical depiction of the relationship between the spot rates and maturity.
swingline facility
Financial services; General Finance
Bank borrowing facility to provide finance while the firm replaces US commercial paper with eurocommercial paper.
