Category: S

Definition The strike price, also referred to as the exercise price, is a set price at which a specific derivative contract can be exercised. In

Definition A Structured Note is a type of fixed income security, which is a debt obligation. Its return is linked to the performance of an

Definition Stress testing is a simulation method used by financial institutions to assess their potential vulnerability in adverse economic situations. It evaluates how certain stress

Definition Subordinated debt refers to a loan or security that ranks lower than other loans or securities with regard to claims on a company’s assets

Definition Subjective probability is a financial term used to quantify an individual’s personal judgment or belief about the likelihood of a particular event occurring. It’s

Definition Structural unemployment refers to joblessness caused by changes in the economic or market structure. It occurs when the skills of the available workforce and

Definition Student loan forgiveness is a financial program where a portion or all of a borrower’s educational loan debt is cancelled or discharged due to

Definition A sublease is a legal agreement where a tenant rents out their leased property to a third party for a portion or the remainder

Definition A subordination agreement is a legal document that prioritizes one debt over another, usually in terms of secured loans such as mortgages. It allows

Definition Structured finance is a financial service that offers highly complex, fixed-income products. These products are usually designed for large financial institutions or companies that