A senior tranche is the highest tranche of a security, i.e. the one deemed least risky. Any losses on the value of the security are only experienced in the senior tranche once all other tranches have ...
The phrase 'sell-side' refers to companies that are in the business of selling others, rather than buying them. Investment banks are part of the sell-side as one of their primary roles is to advise ot...
Sales, General & Administrative (SG&A) Costs are those operating costs associated with the sale of goods (not dependent on output like COGS though). This can include things such as:Leases...
The Security Market Line, or SML, is a line on a chart derived from the Markowitz Portfolio Theory. The Security Market Line is a graphical representation of the Capital Asset Pricing Model ...
A security is a financial instrument representing ownership, the right to ownership or debt owed. Some examples of security are:StockBondDerivativeSwapIt can be traded and valued due to what it repres...
Securitization is a financial innovation that allows debt to be pooled together and for anyone to buy a claim on a portion of that debt.Securitization allows individual mortgages to be pooled to...
The SEC (also known as Securities and Exchange Commission) is a body set up by the US Congress with the purpose of regulating the security and takeover market. The SEC is needed for the protection of ...
The Securities and Exchange Act of 1934 is the primary law in the United States governing financial markets. The act also brought the Securities and Exchange Commission (SEC) into being.This act only ...
Scalping is a term used in trading to refer to the act of taking very small profits on a trade, and then either trading extremely large amounts or very frequently to magnify profit...
Sales is the division within an investment bank which partners with trading to provide services to clients. People working in Sales will interact with their clients on a daily basi...