Short Squeeze
DefinitionA short squeeze is a rapid increase in the price of a stock that occurs when there is a lack of supply and an excess of demand for the stock. Short Squeeze By definition, a short squeeze is the position in the stock prices that prompts an increase which in return accelerates buying of stocks amongst short sellers. To...
Saturday Night Special
What is 'Saturday Night Special' An obsolete takeover strategy where one company attempted a takeover of another company by making a sudden public tender offer, usually over the weekend. This merger and acquisition (M&A) technique was popular in the early 1970s when the Williams Act required only seven calendar days between the time that a tender was...
Sampling Error
DefinitionIn statistics, sampling error is incurred when the statistical characteristics of a population are estimated from a subset, or sample, of that population. Since the sample does not include all members of the population, statistics on the sample, such as means and quantiles, generally differ from the characteristics of the entire population, which are known as parameters. For example,...
Sanford J. Grossman
DefinitionSanford "Sandy" Jay Grossman is an American economist and hedge fund manager specializing in quantitative finance. Grossman's research has spanned the analysis of information in securities markets, corporate structure, property rights, and optimal dynamic risk management. He has published widely in leading economic and business journals, including American Economic Review, Journal of Econometrics, Econometrica, and Journal of Finance. His...
Sale and Repurchase Agreement (SRA)
What is 'Sale and Repurchase Agreement - SRA' An open market operation, implemented by the central Bank of Canada, that is designed to affect overnight interest rates and modify the supply of money. Explaining 'Sale and Repurchase Agreement - SRA' An SRA is implemented when the Bank of Canada sells securities to a chartered...
Samurai Market
What is 'Samurai Market' A slang term for the stock market in Japan. Samurai market is usually used buy non-residents of Japan, with a reference to the iconic Japanese warrior - the samurai. Explaining 'Samurai Market' The term Samurai market was used in business slang but has become widely accepted, much like the "Yankee...
Sacrifice Ratio
What is the 'Sacrifice Ratio' The sacrifice ratio is an economic ratio that measures the costs associated with slowing down economic output to change inflationary trends. The ratio is calculated by taking the cost of lost production and dividing it by the percentage change in inflation, and its quotient gives the loss of output per 1% change...
Sales Lead
DefinitionIn marketing, lead generation is the initiation of consumer interest or enquiry into products or services of a business. Leads can be created for purposes such as list building, e-newsletter list acquisition or for sales leads. The methods for generating leads typically fall under the umbrella of advertising, but may also include non-paid sources such as organic search engine...
Safekeeping
What is 'Safekeeping' Safekeeping is the storage of assets or other items of value in a protected area. Individuals may use self-directed methods of safekeeping or the services of a bank or brokerage firm. Financial institutions are custodians and are therefore legally responsible for the items in safekeeping. Also known as "safekeep". ...
Sales Mix
What is a 'Sales Mix' Sales mix is a calculation that determines the proportion of each product a business sells, relative to total sales. Sales mix is important, because some products or services may be more profitable than others, and if a company's sales mix changes, its profits also change. Managing sales mix is a tool to...