Santiago Stock Exchange (SSE) .SN
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 trading platform called Telepregon, which trades U.S. dollars. Only market shares are traded on the floor in conjunction with screen...
Safe Haven
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 their exposure to losses in the event of market downturns. However, what are considered safe havens alter over time as...
Same-Store Sales
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 sales data from existing outlets, the comparison is like-to-like, and avoids comparing data that are fundamentally incomparable. This financial and...
Sampling Distribution
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 results on a graph. The shape of the resulting graph provides information about the variability of the statistic. For example,...
Salary Reduction Simplified Employee Pension Plan (SARSEP)
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 (IRAs) through salary reduction. Explaining 'Salary Reduction Simplified Employee Pension Plan - SARSEP' Prior to the widespread...
Saber Currency
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 Bernard Lietaer to help Brazilian schools offer more educational opportunities, regardless of a lack of available funds. A type of...
Safe Harbor
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 companies who do not want to be taken over, where they purposefully acquire a heavily regulated company to make themselves...
Sales Per Square Foot
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 is important because it provides a way to compare the efficiency of different stores. A store with high sales per...
Sales Price Variance
What is 'Sales Price Variance' The difference between the amount of money a business expects to sell its products or services for and the amount of money it actually sells its products or services for. Sales price variance means that a business will be more or less profitable than it anticipates over a given time period. As...
Source: WikipediaLast Sourced: 2021-02-01This Article has been Edited for Accessibility Further Reading Event studies in economics and financewww.jstor.org ECONOMISTS are frequently asked to measure the effects of an economic event on the value of firms. On the surface this seems like a difficult task, but a measure can be constructed easily using an event study. Using financial market...