What is the 'Sales Mix Variance' Sales mix variance is the difference between a company’s budgeted sales mix and the actual sales mix that the firm sells to customers. Sales mix is defined as the proportion of...
What is 'Savior Plan' When management and employees borrow money to invest in their failing company in an attempt to save it. Essentially, a savior plan precedes a management and employee buyout. Explaining 'Savior Plan'...
What is 'Santiago Stock Exchange (SSE) .SN' Located in Santiago, the SGO is the premier stock exchange of Chile. It trades stocks, bonds, investment funds, derivatives and gold and silver Chilean coins. It also has an electronic...
What is a 'Safe Haven' A safe haven is an investment that is expected to retain its value or even increase its value in times of market turbulence. Safe havens are sought after by investors to limit...
DefinitionSame-store sales is a business term which refers to the difference in revenue generated by a retail chain's existing outlets over a certain period, compared to an identical period in the past, usually in the previous year. By comparing...
What is a sampling distribution
A sampling distribution is a function that shows how a statistic varies across different samples of data drawn from a population. The distribution is created by calculating the statistic for each sample and plotting the...
What is 'Salary Reduction Simplified Employee Pension Plan - SARSEP' A plan offered by small companies - typically those with fewer than 25 employees - that allows employees to make pretax contributions to their Individual Retirement Accounts...
What is 'Saber Currency' A proposed Brazilian currency that would be handed out by the Ministry of Education to 7-year-olds to be redeemed only for university tuition. Saber currency is a complementary currency that was proposed by...
What is 'Safe Harbor' Safe harbor refers to a legal provision to reduce or eliminate liability in certain situations as long as certain conditions are met. Safe harbor also refers to a shark repellent tactic used by...
What is sales per square foot and why is it important for retailers
Sales per square foot is a measure of how much revenue a business generates for every square foot of space that it occupies. For retailers, this metric...