Financial Dictionary

This dictionary contains:
24549
financial terms

Snake




Snake

Arrangement established in 1972, that ties European currencies to each other within specified limits.



SIMILAR TERMS
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SNAKE RIVER Credit Union
SNAKE RIVER is a credit union with head office in TWIN FALLS, ID



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Small issues exemption
Securities issues that involve less than $1.5 million are not required to file a registration statement with the SEC.

Small Order Execution System (SOES)
Three-tiered system of automatic execution of an order at the best price. Size is either 200, 500, or, most often, 1000 shares.

Smart money
Investors who make consistent profits in the market, regardless of the investing environment, by making wise, educated moves.

Smidge
Small amount of price, usually +-- 1-8 or 1-4.

Smithsonian agreement
A revision to the Bretton Woods international monetary system that was signed at the Smithsonian Institution in Washington, D.C., in December 1971.

Snake

Snowballing
Used in the context of general equities. Process by which the exercise of stop orders in a declining or advancing market causes further downward or upward pressure on prices, thus triggering more stop orders and more price pressure, and so on.

Social security benefits
Monthly government payments to retired workers or their families who have paid Social Security taxes for a total of 40 quarters or 10 years.

Social Security Disability Income Insurance
Program financed by the Social Security tax to provide assistance to disabled individuals with disabilities expected to last at least one year, to compensate for lost income.

Socialism
Economic theory or system in which production should be for the public good rather than private profit.

Socially conscious mutual fund
A mutual fund that does not invest in companies that have interests in socially unacceptable markets or produce harmful products or by-products, such as high levels of environmental pollution.

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This dictionary contains 24549 terms.







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