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Scripophily
ScripophilyCollecting stock and bond certificates for their scarcity, rather than for their value as securities. RELATED TERMS-------------------------------------- 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-------------------------------------- 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-------------------------------------- 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. We thank you for using the Financial Dictionary to search for Scripophily. If you have a better definition for Scripophily than the one presented here, please let us know by making use of the suggest a term option. This definition of Scripophily may be disputed by other professionals. Our attempt is to provide easy definitions on Scripophily and any other medical topic for the public at large.
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