5 Terms
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General Finance
Industry: Financial services
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General Finance
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.
self-employed income
Financial services; General Finance
Taxable income of a person involved in a sole proprietorship or other sort of free-lance work.
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.
supervisory analyst
Financial services; General Finance
An analyst who is qualified to approve publicly distributed research reports on the NYSE.
self-employment tax
Financial services; General Finance
A tax self-employed people must pay to qualify them to receive Social Security benefits at retirement.
