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General Finance

Contributors in General Finance

General Finance

speculative motive

Financial services; General Finance

A desire to hold cash in order to be poised to exploit any attractive investment opportunity requiring a cash expenditure that might arise.

speculative demand (for money)

Financial services; General Finance

The need for cash to take advantage of investment opportunities that may arise.

supermajority

Financial services; General Finance

Provision in a company's charter requiring a majority of, say, 80% of shareholders to approve certain changes, such as a merger.

Self-directed IRA

Financial services; General Finance

An IRA that the account holder can after appointing a custodian manager to carry out investment instructions.

speculative-grade bond

Financial services; General Finance

Bond rated Ba or lower by Moody's, or BB or lower by S&P, or an unrated bond.

supermajority amendment

Financial services; General Finance

Often used in risk arbitrage. Corporate amendment requiring that a substantial majority (usually 67% to 90%) of stockholders approve important transactions, such as mergers.

speculation

Financial services; General Finance

Purchasing risky investments that present the possibility of large profits, but also pose a higher-than-average possibility of loss. A profitable strategy over the long term if undertaken by ...

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