Category: S

Series 65

Definition The Series 65, also known as the Uniform Investment Adviser Law Examination, is an exam that is designed to qualify candidates as investment adviser

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Service Sector

Definition The Service Sector is a part of the economy that consists of businesses that provide intangible goods or services, rather than producing goods. This

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Severance Pay

Definition Severance pay is a sum of money that an employer provides to an employee who has been laid off, fired, or forced to quit

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Shadow Banking System

Definition The Shadow Banking System refers to a collection of non-bank financial intermediaries that provide services similar to traditional banks but outside normal banking regulations.

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Series 57

Definition The Series 57 is a financial exam that securities professionals must pass to become a Securities Trader. It is administered by the Financial Industry

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Series 63

Definition Series 63 is a securities license, issued by the Financial Industry Regulatory Authority (FINRA), that qualifies individuals to sell securities in a specific state.

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Series B Financing

Definition Series B financing is the second round of funding for a business through investment, including private equity investors and venture capitalists. This stage comes

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Service Charge

Definition A service charge, in financial terms, is a fee collected to pay for services related to the primary product or service being purchased. It

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Senior Bank Loan

Definition A senior bank loan is a type of debt financing provided by a financial institution that holds priority over other types of debt in

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Sensitivity Analysis

Definition Sensitivity analysis is a financial modeling technique used to assess the potential impact of changes in key variables on an investment or a project’s

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