Related Words

Lump Sum: A sum of money paid in a single instalment.

Lump-Sum Distribution: When you retire, you may have the option of taking the value of your pension, salary reduction, or profit-sharing plan in different ways. For example, you might be able to take your money in . . . View Full Definition

Agriculture And Consumer Protection Act Of 1973: P.L. 93-86 (August 10, 1973) was the 4-year farm bill that adopted target prices and deficiency payments as a tool that would support farm income but reduce forfeitures to the Commodity Cred . . . View Full Definition

Sum Of The Years Digits (SYD): Policies and guidelines that brokers must use to ensure that investors have the financial means to assume risks that they wish to undertake. These are enforced by the NASD and other self-reg . . . View Full Definition

Slump: The difference between estimated transactions costs and actual transactions costs. The difference usually represents revisions to price difference or spread and commission costs.

Sum-Of-The-Years-Digits Depreciation: A method of recording accelerated depreciation. Also called the sum-of-digits method, it allows the depreciation of an asset based on an inverted scale of the total digits of the asset's use . . . View Full Definition

Sumidemae: the arranging of charcoal in front of the guests

Summary Annual Report: A summarized report containing information on the financial status of an employee benefit plan.

Summa: A treatise, essay, or book that attempts to deal comprehensively with its topic, especially one that is meant to be the 'final word' on a subject. Although it may seem like hubris to modern . . . View Full Definition

Secondary Consumer: A heterotrophic, carnivorous organism that feeds on a primary consumer. Herring feeding on zooplankton are an example of a secondary consumer. See also food chain, heterotroph, primary consumer.