What is 'Sale Of Crown Jewels '
A takeover-defense tactic that involves the sale of the target company's prized and most coveted assets - the "crown jewels" - so as to reduce its attractiveness to the hostile bidder. The sale...
Satellite Operation What is 'Satellite Operation ' A small office in a different location from a company or government agency's main office. Reasons for opening a satellite operation may include reaching an underserved area, expanding market...
Simple Moving Average (SMA) is a technical analysis tool that denotes average price of an asset during a specific time period. The figure is calculated by aggregating the closing price of the asset over a particular period of time...
What is a 'Salvage Value'
Salvage value is the estimated value that the owner is paid when the item is sold at the end of its useful life. The value is used to determine annual depreciation in the accounting records,...
DefinitionThe Salad Oil Scandal, also referred to as the "Soybean Scandal", was a major corporate scandal in 1963 that ultimately caused over $150 million – approximately $1.1 billion in 2008 dollars – in losses to corporations including American Express,...
What is a 'Savings Rate' A savings rate is the amount of money, expressed as a percentage or ratio, that a person deducts from his disposable personal income to set aside as a nest egg or for...
A stop loss order is an order that is placed with a broker because a stock has reached a certain price. This is basically designed to limit the loss that an investor might suffer on a position in a...
What is 'Savings Incentive Match Plan For Employees Of Small Employers - SIMPLE' A retirement plan that may be established by employers, including self-employed individuals. The employer is allowed a tax deduction for contributions made to the...
The Scarcity Principle, like other principles of economics, comes from the principles of psychology and behavioral sciences. As per the simplest definition, it states that any commodity gains economic value if it is scarce i.e. not enough to fulfill...
What is 'Sales Meeting' A gathering in which a product or service is being discussed, and the benefits are outlined to the potential buyer. The sales meeting is not always a presentation format; it can sometimes be...