The terms used in business such Section 301,Security ,Security/Securities , Seedcorn,Self-Employed , Sell Limit Order,Seller's Market etc.
This post explains about terms used in business such as Second Generation, Secondary Research,Section 301,Security ,Security/Securities ,Seedcorn, Self-Employed , Sell Limit Order,Seller's Market etc. These terms used in international business are arranged in alphabetical order and you may add more information about terms used in export business at the end of this article, if you wish.
The terms used in business
Second Generation - Term which describes an improved product, service, etc.
Secondary Action - A sympathy strike. Action which is taken by workers in one industry in support of striking workers in a separate but related industry.
Secondary Boycott - An organised protest to prevent or persuade a company from doing business with another company which is involved in a dispute.
Secondary Market - On the Stock Exchange, the purchasing of shares from another investor rather than from the issuing company.
Secondary Research - Also called Desk Research. The collating and analysis of existing data which has already been collected for another purpose often by an outside source.
Secondary yield / Rendement secondaire :The percentage of sales made at the end of the second round of your mailing operation, in relation to the number of contacts generated by the first round (new mailing, direct contacts, telephone calls, etc.)
Secretary - A person who works for another person , usually in an office, dealing with correspondence, filing, phone calls and other clerical duties.
Section 201 - Also known as the “escape clause” of the U.S. Trade act of 1971, section 201 is a provision that permits imports to be restricted in a certain industry, for a limited time, if those imports have caused injury to U.S. firms.
Section 301 - In U.S. trade law, section 301 is a provision that allows private parties to seek compensation through the U.S. government if they have experienced injury to their business because of the illegal or unfair actions of foreign governments.
Securities and Exchange Commission - SEC. In the US, a government agency which is responsible for protecting investors against fraudulent and dishonest practices in the securities market.
Securities and Futures Authority - SFA. Now part of the Financial Services Authority. In the UK, an organisation which regulates the trading in stocks and shares, bonds, etc., and protects investors against dishonest practices.
Securities Market(s) - Exchange(s) where investments such a stocks and shares, etc., are traded. Traditionally and originally these exchanges were buildings containing traders and brokers, etc., whereas nowadays such trading is conducted virtually using modern communications and IT systems, usually online, so that markets and exchanges are virtual, i.e., existing mostly through connections between people and organizations and systems, rather than necessarily requiring a physical grouping in a building.
Securities Transaction Tax:It is a tax on all transactions done over the stock exchanges involving securities such as shares, derivatives, and equity-linked mutual funds.
Security - (also known as Collateral) is property or assets that a lender can take possession of, in the event that a loan cannot be repaid.
Security Deposit - A sum a buyer pays, which is not usually refundable, to protect the seller if the buyer does not complete a transaction or if a rented item gets damaged.
Security/Securities - The strict financial meaning of a security is a document that proves ownership of stocks, shares, bonds, etc., or other investments or financial derivatives. More loosely the term securities refers to investments generally, for example in the term 'securities market'.
security: Collateral that is promised to a lender as protection in case the borrower defaults on a loan.
seed money: a usually modest amount of money used to convert an idea into a viable business. Seed money is a form of venture capital.
Seedcorn - Money or assets set aside by a business in order to generate more profit or benefit in the future.
Segmentation / Segmentation :Dividing a file into multiple segments by various criteria such as age, gender, socioprofessional category, geographic location, purchasing behaviour. This can also be applied to your own client files, by purchasing history, buying potential, etc.
Segmented Market - A market that is partially or wholly isolated from other markets by one or more market imperfections.
Seigniorage - Profit made by a government from printing and minting banknotes and coins. The profit being the difference between the cost of issuing the money and the face value of the money.
Selective Attention - Term which applies to consumers who only notice, or are aware of, certain pieces of information in advertisements, etc., because that is the only part in which the consumer is interested.
Selective offer process (also known as prequalified tender, selective procurement method, select tender):A procurement method where suppliers that have pre-established criteria are invited to submit an offer in response to an approach to market.
Self-Actualization - Term introduced by Kurt Goldstein in 1934, describing the need to realise one's full potential, being a basic life force, and later re-interpreted and popularised by Abraham Maslow as the highest order of needs in his Hierarchy of Needs theory.
Self-Employed - A person who earns their income by operating their own business, rather than working for an employer and receiving a salary.
self-employment: being in business on one's own account, either on a freelance basis, or by reason of owning a business. and not being engaged as an employee under a contract of employment.
self-liquidating: providing enough income to pay off the amount borrowed for financing.
Self-Supporting - Financially independent. Being able to operate without the help of others.
Sell Limit Order - An order to a stock broker to sell a specific number of shares at or above a specified price.
Seller Financing: A method of financing a business acquisition in which the seller carries a note for a portion of the purchase price. Also called seller carryback
Seller’s Discretionary Earnings (SDE): A term used to denote a business’s cash flow or the amount of pretax money a buyer can expect to earn in first-year operations
Seller's Market - A situation in which there are more buyers than sellers, often resulting in high prices.
Seller's Market - Exists when the demand for a good outweighs the supply, and so the economic forces of business cause the goods to be priced at or closer to the vendor's estimate of their value.
Selling Cost - Costs which are incurred for the advertising and distribution of a product.
Selling, General and Administrative Expenses - Also known as S G & A or operating expenses. These include all the costs not directly tied to the making or buying of the product. Examples are marketing, accounting costs, office expenses, phone, salespeople, etc.
Seminar - A business meeting for training purposes or for discussing ideas.
Semi-Skilled - Having or requiring some skills or special training to perform a job, such as operating machinery.
Semi-strong Form Efficient Market - A market in which prices fully reflect all publicly available information.
Semi-Structured Interview - An informal method of research in which set questions are asked which allow other questions to be brought up as a result of the interviewees response.
The above details describes about terms called in business such as Second Generation, Secondary Research,Section 301,Security ,Security/Securities ,Seedcorn,Self-Employed , Sell Limit Order,Seller's Market etc. These phrases may help importers and exporters on their day to day business activities. The readers can also add more information about terms used in overseas trade below this post.Terms used in business such as Schism,Scope creep,Scorched-Earth Policy,Scrip,SD Card ,Sealed Bid etc
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