Solvent

A firm or individual for which net worth is positive or zero. For example, a bank whose assets are more […]

Source code

A series of letters or numbers affixed to an outgoing advertisement or promotion that identifies the list, the offer, the […]

Sovereign debt crisis

A situation in which government bonds come to be considered so risky that the government may not be able to […]

Specialization

This takes place when a country or some other entity produces a more narrow range of goods and services than […]

Speculation

Buying and selling assets in order to profit from an anticipated change in their price.

Speculative finance

A strategy used by firms to meet payment commitments on liabilities using cash flow, although the firm cannot repay the […]

Speculator

An individual who takes part in a transaction with the intention of selling the result for a higher sum.

Spendthrift

A person who makes purchases far beyond his means of repayment. There is usually a negative connotation suggesting extravagance and […]

Spiff

A payment made to a salesman upon the sale of a specific product

SQL

A query language used with the IBM software DB2 Often pronounced “sequal”.