Financial Dictionary

This dictionary contains:
24549
financial terms

Severance




Severance

A settlement received after being released from a corporation. In the context of corporate governance, an agreement that assures high-level executives of their positions or some compensation and are not contingent upon a change in control.

RELATED TERMS
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Settlement
When payment is made for a trade.

Compensation
Arrangement under which the delivery of goods to a party is paid for by buying back a certain amount of the product from the recipient of the goods.

Contingent
In context of liabilities, those liabilities that do not yet appear on the balance sheet (i.e.. guarantees, supports, lawsuit settlements). For support or recourse, the trigger may occur at any time in the future.

Control
50% of the outstanding votes plus one vote.



SIMILAR TERMS
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SEVEN Network Limited
SEVEN Network Limited is a large Australian company in the field of media. Their Australian Stock Exchange (ASX) code is SEV.

Severally but not jointly
An agreement between members of an underwriting group buy a new issue (severally), but not to assume joint liability for shares left unsold by other members.

Severn Trent
Severn Trent is a top British corporation in the field of utilities, and its estimated market value is 6,080 million US dollars.

SEVERN TRENT PLC
SEVERN TRENT PLC is one of the world's largest corporations in the public services sector. Its head office is in Great Britain.

Severstal
Severstal is a top Russian corporation in the field of materials, and its estimated market value is 5,570 million US dollars.



PREVIOUS AND NEXT TERMS
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Settlement options
The various possibilities open to a beneficiary under a life insurance policy as to how the benefit will be paid out.

Settlement price
A figure determined by the closing range that is used to calculate gains and losses in futures market accounts.

Settlement rate
The rate suggested in Financial Accounting Standards Board (FASB) 87 for discounting the obligations of a pension plan. The rate at which the pension benefits could be effectively settled if the company sponsoring the pension plan wishes to terminate its pension obligation.

Settlement risk
The risk that one party will deliver and the counterparty will not be able to pay and vice versa.

Severally but not jointly
An agreement between members of an underwriting group buy a new issue (severally), but not to assume joint liability for shares left unsold by other members.

Severance

Shadow calendar
A backlog of securities issues registered with the SEC, awaiting the determination of an offer date.

Shadow pricing
The arbitrary assignment of dollar values to non-marketed goods.

Shadow stock
1) A public company may create a stock that strips out the market wide movements for the purpose of rewarding managers. 2) A phantom stock that is created by a private company again for the purpose of performance evaluation and rewards.

Shadows
The thin lines above and below the real body on a candlestick line.

Shakeout
A dramatic change in market conditions that forces speculators to sell their positions, often at a loss.

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This dictionary contains 24549 terms.







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