Simple Interest is a method of calculating the interest charge on a loan or financial investment. It is determined by multiplying the principal amount (the initial sum of money) by the interest rate per period and the number of periods…

Sin Stocks refer to shares in companies that are involved in industries considered unethical or morally questionable. These industries often include alcohol, tobacco, gambling, and firearms. Investors in sin stocks may be motivated by high returns, as these sectors can…

Single Monthly Mortality (SMM) refers to a method used in mortgage-backed securities (MBS) to measure the rate at which borrowers prepay their mortgages. It represents the percentage of the remaining principal that is paid off in a given month due…

Six Sigma is a set of techniques and tools for process improvement, developed by Motorola in the 1980s. It aims to improve the quality of process outputs by identifying and removing the causes of defects and minimizing variability in manufacturing…

Small and Midsize Enterprises (SME) refer to businesses whose personnel numbers or financial metrics fall below certain thresholds set by various authorities. These thresholds can vary by country and sector, but generally, SMEs are characterized by their relatively smaller scale…

A Small Business Retirement Plan is a financial program designed to help small business owners and their employees save for retirement. These plans offer tax advantages and can vary in structure, allowing for contributions from both employers and employees. Common…

Smart contracts are self-executing contracts with the terms of the agreement directly written into code. They run on blockchain technology, allowing for automatic execution when predetermined conditions are met, eliminating the need for intermediaries.Examples of smart contracts include: Escrow Services:…

A "Smart Home" refers to a residence that utilizes internet-connected devices to enable remote management and monitoring of systems and appliances, enhancing convenience, security, and energy efficiency. These devices can include smart lighting, thermostats, security cameras, locks, and home assistants,…

Smart Money refers to capital that is invested or controlled by institutional investors, market experts, or experienced individuals who are perceived to have a better understanding of the market and its dynamics. This term suggests that these investors have insider…

Social media refers to digital platforms and applications that enable users to create, share, and interact with content, facilitating communication and community engagement. These platforms allow individuals and organizations to connect, collaborate, and disseminate information in real-time, often fostering user-generated…

A Social Security Number (SSN) is a nine-digit number issued to U.S. citizens, permanent residents, and temporary residents for the purpose of tracking individuals for Social Security benefits and taxation. It is a unique identifier that serves various purposes, including…

Social Security Senior Housing refers to residential facilities or communities that provide affordable living options for seniors, often subsidized by Social Security or other government programs. These housing options aim to accommodate the financial constraints of older adults, ensuring they…

A soft fork is a type of protocol upgrade in blockchain technology that is backward-compatible, meaning that nodes running the old version of the software can still interact with nodes running the new version. This allows for a gradual transition…

Soft Skills Soft skills are a combination of interpersonal skills, communication abilities, and personality traits that enable individuals to interact effectively and harmoniously with others. Unlike hard skills, which are specific and technical, soft skills are more about how you…

Solana (SOL) Solana is a high-performance blockchain platform designed for decentralized applications (dApps) and crypto projects. It aims to provide fast, secure, and scalable solutions through its unique consensus mechanism called Proof of History (PoH), which enables high throughput and…

A sole proprietorship is a type of business entity owned and operated by a single individual, where there is no legal distinction between the owner and the business. This means that the owner is personally liable for all debts and…

Solvency Ratio is a financial metric used to measure an organization's ability to meet its long-term debts and financial obligations. It indicates the company's financial health by comparing its total assets to its total liabilities. A higher solvency ratio suggests…

SPAC (Special Purpose Acquisition Company) is a type of investment vehicle that is created for the purpose of raising capital through an IPO (Initial Public Offering) to acquire an existing company. SPACs are often referred to as "blank check companies"…

Special Dividend A special dividend is a one-time payment made by a company to its shareholders, usually in addition to the regular dividend payments. This type of dividend is often issued when a company has accumulated substantial profits or has…

A Special Purpose Vehicle (SPV) is a legal entity created for a specific, limited purpose, often to isolate financial risk. SPVs are typically established by a parent company to separate financial assets and liabilities, facilitating investments, managing risks, or securing…

Spiffy Pop refers to a term used primarily in the context of personal finance, investing, and sometimes in relation to business practices. It describes a sudden increase in value or a significant profit realized from a transaction or investment. This…

Spiffy-Drop: A term used to describe a sudden or unexpected reduction in prices or costs, often applied in retail or marketing contexts to create a sense of urgency or excitement among consumers. Examples: A clothing store announces a Spiffy-Drop on…

A Spot Bitcoin ETF (Exchange-Traded Fund) is an investment fund that tracks the price of Bitcoin and holds actual Bitcoin as its underlying asset. Unlike futures-based ETFs, which invest in Bitcoin futures contracts, a Spot Bitcoin ETF directly owns Bitcoin,…

Spot Price refers to the current market price at which a particular asset, commodity, or currency can be bought or sold for immediate delivery. This price fluctuates based on supply and demand dynamics in the market.For example, if the spot…

A Stable Value Fund is a type of investment vehicle typically offered in retirement plans that aims to provide a stable return while preserving capital. These funds invest in a diversified portfolio of fixed-income investments, such as government and corporate…