Category: S

Definition A subscription agreement is a contract between a company and an investor that outlines the terms for the purchase of shares in the company.

Definition A subprime mortgage is a type of home loan issued to prospective borrowers who have poor credit history, making them a high risk for

Definition A subprime loan is a type of loan that is offered to individuals who have poor credit scores and hence have difficulty in obtaining

Definition Substantially Equal Periodic Payment (SEPP) is a series of fixed payments or distributions that an individual withdraws from their retirement account before they reach

Definition Sukuk, also referred to as Islamic bonds, are financial instruments used in Islamic finance and sharia-compliant transactions. Unlike traditional bonds, sukuk holders have an

Definition Subrogation is a legal right held by most insurance carriers to legally pursue a third party that caused an insurance loss to the insured.

Definition A subsidy is a form of financial assistance granted by the government to a business or economic sector to support its growth or make

Definition In finance, “substitute” refers to a product or investment that consumers and investors can use in place of another. This can mean a similar

Definition Subsidiary rights, in financial terms, refer to the rights that the owner of a creative work, such as a book or screenplay, can sell

Definition The substitution effect is an economic theory that describes how consumers switch between products due to changes in relative prices. If a product’s price