treasury

SUBSIDIARY

A company in which another company (parent) owns 50% or more of the voting securities, or an equivalent interest, or…

4 years ago

SUBORDINATED DEBT

A security evidencing debt that the holder agrees to rank after senior creditors, but before shareholders, in a bankruptcy.

4 years ago

SUBCUSTODIAN

A custodian that has legal responsibility for the safekeeping of securities entrusted to it by another custodian.

4 years ago

STRUCTURED NOTE OR BOND

An over-the-counter financial instrument created specifically to meet the needs of one or a small number of investors. Some of…

4 years ago

STRIPS

An acronym for Separately Traded Registered Interest and Principal Securities. These securities are created by "stripping" coupon payments from securities…

4 years ago

STRIPPED DEBT SECURITIES

Debt securities that have been transformed from a principal amount with periodic interest coupons into a series of zero-coupon securities…

4 years ago

STATE OR LOCAL GENERAL GOVERNMENT

The fifty states of the United States and the District of Columbia, Puerto Rico and the U.S. territories and possessions,…

4 years ago

SINKING FUND DEBT or SINKER

A debt security on which the interest and principal payments are made from a sinking fund. A sinking fund is…

4 years ago

SHORT-TERM DEBT SECURITY

Debt security, including negotiable money market instruments, with an original maturity of one year or less.

4 years ago

SHORT-TERM

Original maturity of one year or less.

4 years ago