Personal finance, insurance, financial markets, investments, banking, checking accounts, loans, mortgages, stocks, bonds, Wall Street, trading, hedge funds, money markets, exchange rates, mutal funds. You can also see entries assigned to this category.
story n. Now the focus of investing has changed, avers Kumar. No more turnaround companies. “They have all turned around enough. So now I am concentrating on companies with stories.” In normal parlance it means companies that are takeover targets for the bigger sharks. [ LanguageEnglish RegisterJargon SubjectMoney & Finance] [full cite] (Jan. 5, 2006)
straw contribution n. His solution was to have his employees and their spouses make contributions …under their own names, then reimburse them—a technique known as “straw contributions’ that is a felony under federal election law. [EnglishMoney & FinancePolitics] [full cite] (Mar. 1, 2006)
street money n. Street money is the name for cash given to party committeemen and women who hand out literature and drum up the vote on primary and election days. It comes from the candidates and is dispensed to the party’s 69 ward leaders who, in turn, dole it out to the city’s more than 3,000 committeemen. In Philadelphia, it is a mandatory fee for most Democratic candidates. [EnglishMoney & FinancePoliticsJargon] [full cite] (Apr. 22, 2008)
stringing n. Using a $20 bill like a yo-yo, a couple are tricking self-service change machines .…The couple reportedly use a $20 bill attached to several feet of ribbon—a method called “stringing”—to make change before pulling out the bill and cashing in again. [EnglishCrime & PrisonsMoney & FinanceJargon] [full cite] (Jul. 1, 2006)
strip-and-flip v. phr. Typically, in a buyout situation like this, the new owners follow some variation on what has come to be called the strip-and-flip script. They proceed to gin up profits at their new holding by any means necessary, then take their plaything public on the stock exchange and make a killing selling shares of their new company’s stock. [EnglishMoney & FinanceSlang] [full cite] (Jul. 11, 2008)
sub-penny pricing n. Sub-penny pricing could well occur if some are “tempted to split Mr. Lincoln into further pieces,” Grasso warned. He said “that would be tantamount to a neutron bomb” for U.S. markets and could hurt investors if it causes widespread execution problems. [EnglishMoney & FinanceJargon] [full cite] (May. 7, 2004)
sub-penny quoting n. While the practice of sub-penny quoting is largely invisible, it has led to prevalent cutting, or “stepping ahead” as they call it in the markets. [EnglishMoney & FinanceJargon] [full cite] (May. 4, 2004)
suckers’ rally n. They raise the hopes of investors. They occur out of nowhere. They can be money-making opportunities. But they tend to be fleeting. These are the stock rallies that occur when the economic outlook is bleak, news headlines are superpessimistic and the dreaded bear is still in control on Wall Street. They are often called suckers’ rallies or bear market bounces. [EnglishMoney & FinanceSlang] [full cite] (Jul. 31, 2008)