Related Words

A: Fifth letter of a Nasdaq stock symbol specifying Class A shares.

Strategic Buyout: Buying or selling an out-of-the-money put option and call option on the same underlying instrument, with the same expiration. Profits are made only if there is a drastic change in the underl . . . View Full Definition

Stratified Equity Indexing: Acquisition of another firm in order to realize some operational benefits which will result in increased earnings.

Straight-Line Depreciation: Allows shareholder to cast all of the shareholder's votes for each candidate for the board of directors.

Straight Voting: Also called investment value, the value of a convertible security without the conversion option.

Straight Value: Term life insurance policy providing a fixed-amount death benefit over a certain number of years.

Stratified Sampling Approach To Indexing: A method of constructing a replicating portfolio that classifies the stocks in the index into strata, and represents each stratum in the portfolio.

Stratified Sampling Bond Indexing: Dividing an index into cells, each representing a different characteristic of the index, such as duration or maturity.

Stripped Mortgage-Backed Securities (SMBS): Bond that can be subdivided into a series of zero-coupon bonds.

Strong Dollar: Applies mainly to convertible securities. Return on the debt portion of a bond/warrant unit after subtracting the value of the issued warrant segment.