Financial Dictionary

This dictionary contains:
24549
financial terms

Scripophily




Scripophily

Collecting stock and bond certificates for their scarcity, rather than for their value as securities.

RELATED TERMS
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Stock
US equivalent of the British word "share", a block of shares with a nominal value of 100, or various kinds of fixed-interest securities; in Britain, goods stored ready for sale, raw materials, work in progress and finished but unsold products.

Bond
Certificate, stating that the issuer is committing himself to repay the loan, including interest and other payments, to the holder.

Scarcity
A shortage of something; insufficient supply to meet demand.

Value
The worth or desirability of something expressed as an amount of money.

Securities
Saleable papers, traded on stock exchanges, that yield an income (dividend, interest, etc.).



SIMILAR TERMS
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Scrip
A temporary document that represents a portion of a share of stock, often issued after a stock split or spin-off.



PREVIOUS AND NEXT TERMS
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Schedule C
Describes membership requirements and procedures of NASD, in its bylaws.

Scheduled cash flows
The mortgage principal and interest payments due to be paid under the terms of the mortgage, not including possible prepayments.

Scorched earth policy
Often used in risk arbitrage. Any technique a company that has become the target of a takeover attempt uses to make itself unattractive to the acquirer.

Screen stocks
To analyze various stocks in search of stocks that meet predetermined criteria.

Scrip
A temporary document that represents a portion of a share of stock, often issued after a stock split or spin-off.

Scripophily

Search costs
Costs associated with locating a counterparty to a trade, including explicit costs (such as advertising) and implicit costs (such as the value of time).

Seasonal unemployment
Exists in trades or occupations where work fluctuates according to the time of year.

Seasonally adjusted
Mathematically adjusted by moderating a macroeconomic indicator (e.g., oil prices-imports) so that relative comparisons can be drawn from month to month all year.

Seasoned
In the case of equity, having gained a reputation for quality with the investing public and enjoying liquidity in the secondary market; in the case of convertibles, having traded for at least 90 days after issue in Europe, and thus available for sale legally to U.S. investors.

Seasoned datings
Extended credit for customers who order goods in periods other than peak seasons.

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This dictionary contains 24549 terms.







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