Industry WIKI

Science policy is concerned with the allocation of resources for the conduct of science towards the goal of best serving the public interest. Topics include the funding of science, the careers of scientists, and the translation of scientific discoveries into technological innovation to promote commercial product development, competitiveness, economic growth and economic development. Scie

In law, scienter (, Law Latin for "knowingly", Latin pronunciation: [skiˈɛntɛr], from Latin scire 'to know, to separate one thing from another') is a legal term for intent or knowledge of wrongdoing, or reckless disregard for the truth. An offending party then has knowledge of the "wrongness" of an act or event prior to committing it.

Scripophily is the study and collection of stock and bond certificates. A specialized field of numismatics, scripophily has developed as an area of collecting because of the inherent beauty of certain historical certificates, and because of interest in the historical context of many of the documents. In addition, some stock certificates serve as excellent examples of engraving. Occasiona

A seasoned equity offering (SEO) or capital increase is a new equity issued by an already publicly traded company. Seasoned offerings may involve shares sold by existing shareholders (non-dilutive), new shares (dilutive), or both. If the seasoned equity offering is made by an issuer that meets certain regulatory criteria, it may be a shelf offering.

SEAVI Advent Private Equity is the first private equity and venture capital firm in Southeast Asia. Since its founding in 1984 by Peter Brooke, the firm has invested over US$800 million into more than 120 companies in Southeast Asia and Greater China. SEAVI Advent operates from three offices in Asia and is the independent Asian affiliate of Advent International, with an established long

In United States history, the Second Report on the Public Credit, also referred to as The Report on a National Bank, was the second of four influential reports on fiscal and economic policy delivered to Congress by the first U.S. Secretary of the Treasury, Alexander Hamilton. Submitted on December 14, 1790, the report called for the establishment of a central bank with the primary purpos

A secondary market offering, according to the U.S. Financial Industry Regulatory Authority (FINRA), is a registered offering of a large block of a security that has been previously issued to the public. The blocks being offered may have been held by large investors or institutions, and proceeds of the sale go to those holders, not the issuing company. It is also called a secondary distri

A secured loan is a loan in which the borrower pledges some asset (e.g. a car or property) as collateral for the loan, which then becomes a secured debt owed to the creditor who gives the loan. The debt is thus secured against the collateral, and if the borrower defaults, the creditor takes possession of the asset used as collateral and may sell it to regain some or all of the amount ori

The Securities and Exchange Board of India (SEBI) is the regulatory agency for securities and commodity market in India under the administrative domain of Ministry of Finance within the Government of India. It was established on 12 April 1988 as an executive body and was given statutory powers on 30 January 1992 through the SEBI Act, 1992.

The Securities and Exchange Commission of Pakistan (SECP; Urdu: سیکیورٹیز اینڈ ایکسچینج کمیشن آف پاکستان), formerly known as Company Law Administration, Company Law Board, and Corporate Law Authority, is the corporate legislative and financial regulatory agency of Pakistan whose objective is to develop a modern and efficient corporate sector and a capital market based on sound authority

The Securities and Futures Commission (SFC) is the independent statutory body of Hong Kong charged with regulating securities and futures markets. The SFC is responsible for fostering an orderly securities and futures markets, to protect investors and to help promote Hong Kong as an international financial centre and a key financial market in Asia. Even though it is considered to be a br

Securities Appellate Tribunal is an Indian statutory and autonomous body created to hear appeals against the orders of India's main financial regulators. The presiding officer and other members of the Board are elected by the selection committee of the Prime Minister of India. The Securities Appellate Tribunal has jurisdiction over companies operating across India.

A securities commission, securities regulator or capital market authority is a government department or agency responsible for financial regulation of securities products within a particular country. Its powers and responsibilities vary greatly from country to country, but generally cover the setting of rules as well as enforcing them for financial intermediaries and stock exchanges.

Securities industry in China is an article on the securities industry in mainland China.

In finance, securities lending or stock lending refers to the lending of securities by one party to another.

Security market is a component of the wider financial market where securities can be bought and sold between subjects of the economy, on the basis of demand and supply. Security markets encompasses stock markets, bond markets and derivatives markets where prices can be determined and participants both professional and non professional can meet.

Securities market participants in the United States include corporations and governments issuing securities, persons and corporations buying and selling a security, the broker-dealers and exchanges which facilitate such trading, banks which safe keep assets, and regulators who monitor the markets' activities. Investors buy and sell through broker-dealers and have their assets retained b

Securities research is a discipline within the financial services industry about securities. Securities research professionals are known most generally as "analysts", "research analysts", or "securities analysts"; all the foregoing terms are synonymous. Research analysts produce research reports and typically issue a recommendation: buy ("overweight"), hold, or sell ("underweight"); see

A security is a tradable financial asset. The term commonly refers to any form of financial instrument, but its legal definition varies by jurisdiction. In some countries and languages people commonly use the term "security" to refer to any form of financial instrument, even though the underlying legal and regulatory regime may not have such a broad definition. In some jurisdictions the

See's Candy Shops, Inc., doing business as See's Candies, is an American manufacturer and distributor of candy, particularly chocolates. It was founded by Charles See, his wife Florence, and his mother Mary in Los Angeles in 1921. The company is headquartered in South San Francisco, California. See's kitchens are located at its headquarters and are also maintained at its original factory

Seed money is the earliest financial support a new project receives, often arriving at a point when an idea exists but nothing concrete has been built yet. This first backing helps a venture take its initial steps and gives people working on it enough stability to continue developing their work. An investor puts capital in a startup company in exchange for an equity stake or convertible

Segregated Witness (SegWit), formally known as Segregated Witness (Consensus layer), is an implemented soft fork change in the transaction format of bitcoin.

Sell side is a term used in the financial services industry to mean providing services to sell securities. Firms or institutions on this side include investment banks, brokerages and market makers, who facilitate offering securities to investors, conducting research and creating financial products.

The Senior Railcard is an annual card available to people aged 60 and over, which gives discounts on certain types of railway ticket in Britain. The Railcard has existed in various forms since 1975; the current version is priced at £35.00 and is valid for one year, with a 3-year card available for £80. It is one of a wide variety of discounted and concessionary fare schemes available o

A series A is the name typically given to a company's first significant round of venture capital financing. It can be followed by the word round, investment or financing. The name refers to the class of preferred stock sold to investors in exchange for their investment. It is usually the first series of stock after the common stock and common stock options issued to company founders, em

Settlement is the "final step in the transfer of ownership involving the physical exchange of securities or payment". After settlement, the obligations of all the parties have been discharged and the transaction is considered complete.

The shadow banking system is the collection of non-bank financial intermediaries (NBFIs), or nondepository financial institutions (NDFIs) that legally provide services similar to traditional commercial banks but outside normal banking regulations. S&P Global estimates that, at end-2022, shadow banking held about $63 trillion in financial assets in major jurisdictions around the world, re

Shamsuddeen Usman, , (born 18 September 1949) is a Nigerian economist, banker, technocrat and public servant. He is currently the CEO of SUSMAN & Associates, an economic, financial and management consulting firm headquartered in Nigeria. He was the Finance Minister of Nigeria between June 2007 and January 2009 and also served as the Minister of National Planning from January 2009 to Se

The Shanghai Futures Exchange (SHFE; Chinese: 上海期货交易所) is a futures exchange in Shanghai, China formed from the amalgamation of the national level futures exchanges of China, the Shanghai Metal Exchange, Shanghai Foodstuffs Commodity Exchange, and the Shanghai Commodity Exchange in December 1999. It is a non-profit-seeking incorporated body under the China Securities Regulatory Commissio

A share (sometimes referred to as stock or equity) is a unit of equity ownership in the capital stock of a corporation. It can refer to units of mutual funds, limited partnerships, and real estate investment trusts. Share capital refers to all of the shares of an enterprise. The owner of shares in a company is a shareholder (or stockholder) of the corporation. A share expresses the owner

Shared Interest Society Limited is a fair trade financial co-operative based in the United Kingdom formed in 1990. Today it provides credit and financial services to fair trade producers, retailers, importers and exporters throughout the world. Shared Interest works with both Fairtrade International (formerly known as Fairtrade Labelling Organizations or FLO) and the World Fair Trade Org

The Shareholder Executive (ShEx) was a body within the UK Government between 2003 and 2016, responsible for managing the government's financial interest in a range of state-owned businesses for commercial rather than political interests. It was part of the Department for Business, Innovation and Skills and staffed by civil servants, many of whom were corporate finance professionals with

ShareScope is an all-encompassing software package created by Ionic Information, which is tailored for individual investors. It offers data analysis, portfolio management, and charting capabilities.

In economics, a shock is an unexpected or unpredictable event that affects an economy, either positively or negatively. Technically, it is an unpredictable change in exogenous factors—that is, factors unexplained by an economic model—which may influence endogenous economic variables.

In accounting, shrinkage or shrink occurs when a retailer has fewer items in stock than were expected by the inventory list. This can be caused by clerical error or by goods being damaged, lost, or stolen between the point of manufacture (or purchase from a supplier) and the point of sale. High shrinkage can adversely affect a retailer's profit.

SIA S.p.A. is an Italian company operating in the area of ICT, providing services to the banking and finance sector in addition to platforms for financial markets and e-payment services.

The Sibex-Sibiu Stock Exchange (Sibex S.A. in Romanian) was a stock exchange and futures exchange in Romania that was the largest market for Futures and Options trading in Romania. It was established in 1994 and finally merged with the Bucharest Stock Exchange in 2017.

In India, about 97% of the raw mulberry silk is produced in the Indian states of Karnataka, Andhra Pradesh, Tamil Nadu and West Bengal. Mysore and North Bangalore, the upcoming site of a US$20 million "Silk City", contribute to a majority of silk production. Another emerging silk producer is Tamil Nadu in the place in where mulberry cultivation is concentrated in Salem, Erode and Dharmap

The Silver Republican Party, later known as the Lincoln Republican Party, was a United States political party from 1896 to 1901. It was so named because it split from the Republican Party by supporting free silver (effectively, expansionary monetary policy) and bimetallism. The main Republican Party opposed free silver and supported the gold standard. The strength of the Silver Republica

Silver Thursday refers to the sharp collapse in the United States silver and silver futures markets on Thursday, March 27, 1980. The crisis followed a rapid rise in silver prices and the accumulation of a large long position by members of the Hunt family, principally Nelson Bunker Hunt and William Herbert Hunt, with Lamar Hunt involved to a lesser extent. The term is used both for the tr

Silvergate Bank was a California bank founded in 1988. The company began providing services for cryptocurrency users in 2016, and conducted an IPO in 2019.

The Silverites were members of a political movement in the United States in the late-19th century that advocated that silver should continue to be a monetary standard along with gold, as authorized under the Coinage Act of 1792. The Silverite coalition's famous slogan was "16 to 1" – that is, the ratio of sixteen ounces of silver equal in value to one ounce of gold, a ratio similar to t

A simple agreement for future equity (SAFE) is an agreement between an investor and a company that provides rights to the investor for future equity in the company similar to a warrant, except without determining a specific price per share at the time of the initial investment. The SAFE investor receives the future shares when a priced round of investment or liquidity event occurs. SAFEs

Simple living refers to practices that promote simplicity in one's lifestyle. Common practices of simple living include reducing the number of possessions one owns, depending less on technology and services, ascetism, and spending less money. In addition to such external changes, simple living also reflects a person's mindset and values. Simple living practices can be seen in history, re

The Sina or Sinas family was a prominent banking family in the Austrian Empire, ennobled with the title of Barons of Hodos and Kisdia. For less than a century, they were among the wealthiest and most economically influential dynasties in the empire, being the fiercest competitors of the Rothschild family. The Sina family was also the only Christian family among the leading banking houses

SIX Financial Information, a subsidiary of SIX Group, is a multinational financial data vendor headquartered in Zurich, Switzerland. The company provides market data which it gathers from the world's major trading venues directly and in real-time or which it also sources on its own. Its database has structured and encoded securities administration data for more than 20 million financial

The term Sklavenkasse (lit. 'slave-fund') was a travel and ransom insurance scheme designated to pay ransom for European seafarers who had been captured by Barbary Pirates in the Mediterranean and off the coasts of Western Europe and sold into the Barbary slave trade. Several North German free imperial cities set up their own slave funds which existed until the mid 19th century.

Slave insurance in the United States became an increasingly significant industry after the Act Prohibiting Importation of Slaves, a federal law which took effect in 1808, prevented any new slaves from being imported to the U.S. Existing slaves, especially skilled workers, therefore became more valuable, and were often rented out to businesses; slave owners insured against the death or lo

In accounting, a slush fund is a monetary fund or account used for miscellaneous income and expenses, particularly when these are corrupt or illegal. Such funds may be kept hidden and maintained separately from money that is used for legitimate purposes. Slush funds may be employed by government or corporate officials in efforts to pay influential people discreetly in return for preferen

SmartRider is the contactless electronic ticketing system of the Public Transport Authority of Western Australia. The system uses RFID smartcard technology to process public transport fares across public train, bus and ferry services.

The Smeed Report (titled Road Pricing: The Economic and Technical Possibilities) was a study into alternative methods of charging for road use, commissioned by the UK government between 1962 and 1964 led by R. J. Smeed. The report stopped short of an unqualified recommendation for road pricing but supported congestion pricing for busy road networks.

Social capital is a concept used in sociology and economics to define networks of relationships which are productive towards advancing the goals of individuals and groups.

Social cooperatives exist to provide social services such as the care of children, elderly and disabled people, and the integration of unemployed people into the workforce. The phenomenon is most developed in Italy, but exists in various forms in many countries. In countries such as Sweden and Britain they exist without any special legislation, while elements of the Italian model have be

Social media in the financial services sector refers to the use of social media by the financial services sector to promote and distribute financial services. Social media is used in various aspects of the financial industry including customer service, marketing, and product development. It has enabled financial institutions to extend their reach through direct and real-time communicatio

Social trading is a form of investing that allows investors to observe the trading behavior of their peers and expert traders. The primary objective is to follow their investment strategies using copy trading or mirror trading. Social trading requires little or no knowledge about financial markets.

Socialist self-management or self-governing socialism was a form of workers' self-management used as a social and economic model formulated by the League of Communists of Yugoslavia. It was instituted by law in 1950 and lasted in the Socialist Federal Republic of Yugoslavia until 1990, just prior to its breakup in 1992.

Socially responsible marketing is a marketing philosophy that encourages companies to consider the long-term interests of society when developing and implementing marketing strategies. The concept is closely tied to sustainable marketing that focuses on creating and delivering value to consumers while also preserving natural and human resources. Scholars note that sustainability marketin

Soros: The World's Most Influential Investor is a non-fiction book by Robert Slater, first released by McGraw Hill in 1996, that describes the early life, education, work, and philanthropy of a man many consider to be the most influential and successful investor of the twentieth century.

Sovereign funds of China are mechanisms through which the Chinese state acts as a market participant with the goals of supporting key domestic economic sectors, advancing strategic interests internationally, and diversifying its foreign exchange reserves.

A sovereign wealth fund (SWF), or sovereign investment fund, is a state-owned investment fund that invests in real and financial assets such as stocks, bonds, real estate, precious metals, or in alternative investments such as private equity funds or hedge funds. Sovereign wealth funds invest globally. Most SWFs are funded by revenues from commodity exports or from foreign exchange reser

The Sovereign Wealth Fund Institute (also SWF Institute, or simply SWFI) is an American corporation that analyzes public asset owners such as sovereign wealth funds and other long-term governmental investors. Initially focused solely on sovereign wealth funds, the Sovereign Wealth Fund Institute has branched out to cover all types of public institutional investors. The institute sells i

In the Space Cola Wars, the major soft drink competitors Coca-Cola and Pepsi engaged in costly marketing campaigns and product tests to get their beverages into space, in continuation of the so-called "Cola Wars". The competition began in 1985 during the STS-51-F Space Shuttle mission, when astronauts tested specially designed soda cans from each company to see how the carbonated drinks

The Spanish economic miracle (Spanish: milagro económico español) refers to a period of exceptionally rapid development and growth across all major areas of economic activity in Spain during the latter part of the Francoist regime, 1959 to 1974, in which GDP averaged a 6.5 percent growth rate per year, and was itself part of a much longer period of an above average GDP growth rate from 1

The Special Administration of the Holy See (Italian: Amministrazione Speciale della Santa Sede, nicknamed La Speciale, abbreviated ASSS) was a dicastery of the Roman Curia from 1929 to 1967. It was established motu proprio by Pope Pius XI on 7 June 1929 to manage the ₤750 million in cash and 1,000 million in Italian government bonds transferred to the Holy See in implementation of the Fi

Special drawing rights (SDRs, code XDR) are a supplementary foreign exchange reserve asset defined and maintained by the International Monetary Fund (IMF). SDRs are the units of account for the IMF, and not a currency; rather, SDR value is based on a basket of currencies, the specific composition of which is reviewed every five years. SDRs represent a claim to currency held by IMF member

A special-purpose acquisition company (SPAC; ), also known as a blank check company or a blind-pool stock offering, is a shell corporation listed on a stock exchange with the purpose of acquiring (or merging with) a private company, thus taking the private company public through a procedure which requires fewer regulatory filings and has fewer safeguards for investors than the initial pu

In finance, speculation is the purchase of an asset (a commodity, goods, or real estate) with the hope that that asset will become more valuable in a brief amount of time.

Speech analytics is the process of analyzing recorded calls to gather customer information to improve communication and future interaction. The process is primarily used by customer contact centers to extract information buried in client interactions with an enterprise. Although speech analytics includes elements of automatic speech recognition, it is known for analyzing the topic being

The spice trade involved historical civilizations in Asia, Northeast Africa and Europe. Spices, such as cinnamon, cassia, cardamom, ginger, pepper, nutmeg, star anise, clove, and turmeric, were known and used in antiquity and traded in the Eastern world. These spices found their way into the Near East before the beginning of the Christian era, with fantastic tales hiding their true sourc

Spotify Wrapped is a year-in-review feature and viral marketing campaign hosted by Spotify every year since 2016. Typically released in late November or early December, it allows users to view a summary of their activity on the platform over the past year, which can then be shared on social media.

The Standard Catalog of World Coins is a series of numismatic catalogs, commonly known as the Krause catalogs. They are published by Krause Publications, a division of Active Interest Media.

The Standard Catalog of World Paper Money was a well-known catalogue of banknotes that was published by Krause Publications in three volumes. These catalogues are commonly known in the numismatic trade as the Pick catalogues, as the numbering system was originally compiled by Albert Pick, but are also referred to as "Krause" or "SCWPM". Since the mid-1980s the titles have been owned by K

In economics, standard of deferred payment is a function of money. It is the function of being a widely accepted way to value a debt, thereby allowing goods and services to be acquired now and paid for in the future.

The standardized approach for counterparty credit risk (SA-CCR) is the capital requirement framework under Basel III addressing counterparty risk for derivative trades.

Stanford International Bank was a bank based in the Caribbean, which operated from 1986 to 2009 when it went into receivership. It was an affiliate of the Stanford Financial Group and failed when its parent was seized by United States authorities in early 2009 as part of the investigation into Allen Stanford.

A startup or start-up is a company or project typically undertaken by an entrepreneur to seek, develop, and validate a scalable business model. While entrepreneurship includes all new businesses including self-employment and businesses that do not intend to go public, startups are new businesses that intend to grow large beyond the solo-founder. At the early stages, startups face signifi

The State Bank Archives and Museum is an initiative to document and preserve the history of banking in the Indian subcontinent. The archive and museum opened on 13 May 2007 in the State Bank of India (SBI) headquarters in Kolkata.

The State Finance Accountability Committee (Indonesian: Badan Akuntabilitas Keuangan Negara (BAKN)) is an auditory body of the legislative branch in Indonesia's political system and was established under Paragraph 6 of Indonesian Law No.27 2009 enacted on 29 August 2009.

The Steamboat Inspection Service was a United States agency created in 1871 to safeguard lives and property at sea. It merged with the Bureau of Navigation in 1932 to form the Bureau of Navigation and Steamboat Inspection, which in 1936 was reorganized into the Bureau of Marine Inspection and Navigation. The Bureau of Marine Inspection and Navigation's responsibilities were transferred t

The stelo ("star"; plural: steloj) was from 1945 to 1993 a monetary unit of Esperantists, one of whose aims was to achieve a single world currency. Attempts at an earlier currency, the speso, were cut short by the First World War. For a time the Universal League (Esperanto: Universala Ligo), part of the Esperanto movement, issued coupons and coins denominated in steloj, making attempts t

Stephen Gerard Pagliuca (born January 16, 1955) is an American private equity investor, co-chairman of Bain Capital, and owner of Atalanta of Italian Serie A association football league. He is also former co-owner of the Boston Celtics of the National Basketball Association (NBA).

The sterling area (or sterling bloc, legally scheduled territories) was a group of countries that either adopted or pegged their currencies to the pound sterling.

The Stiglitz Report: Reforming the International Monetary and Financial Systems in the Wake of the Global Crisis is a book documenting the necessary changes and reforms of the international financial institutions during the 2008 financial crisis and the Great Recession. Written by a commission chaired by Nobel laureate economist Joseph Stiglitz, the report frames the crisis as part of a

In corporate law, a stock certificate (also known as certificate of stock or share certificate) is a legal document that certifies the legal interest (a bundle of several legal rights) of ownership of a specific number of shares (or, under Article 8 of the Uniform Commercial Code in the United States, a securities entitlement or pro rata share of a fungible bulk) or stock in a corporatio

A stock market bubble is a type of economic bubble taking place in stock markets when market participants drive stock prices above their value in relation to some system of stock valuation.

Stock Holding Corporation of India Limited (StockHolding) was an Indian custodian and depository participant, based in Mumbai, Maharashtra. StockHolding was established in 1986 as a public limited company and is a subsidiary of IFCI. StockHolding became a subsidiary of IFCI Limited on April 7, 2015, which is a Government Company. Being a subsidiary of a Government Company, StockHolding a

Stocktwits is a social media platform designed for sharing ideas between investors, traders, and entrepreneurs. Founded in 2008 by Howard Lindzon and Soren McBeth, it introduced the use of the cashtag, a way to group discussions around a stock symbol preceded by a dollar sign. Stocktwits eventually became a standalone network where users share market sentiment, ideas, and strategies in

The Great Stop of the Exchequer or Stop of the Exchequer was a repudiation of state debt that occurred in England in 1672 under the reign of Charles II of England.

Strahan, Paul & Bates was a London private banking house founded in the 17th century and with a reputation for respectability. The bank failed in 1855 with liabilities eventually estimated at £750,000 (equivalent to £70,000,000 in 2025). The subsequent bankruptcy proceedings revealed that customers' securities had been sold or otherwise disposed of by the partners and the proceeds had be

Strategic communication is the purposeful use of communication by an organization to reach a specific goal. Organizations like governments, corporations, NGOs and militaries seeking to communicate a concept, process, or data to satisfy their organizational or strategic goals will use strategic communication. The modern process features advanced planning, international telecommunications

A strategic default is the decision by a borrower to stop making payments (i.e., to default) on a debt, despite having the financial ability to make the payments.

Stratton Oakmont, Inc. was an American over-the-counter brokerage house founded in 1989 by Jordan Belfort and Danny Porush. The firm defrauded many shareholders, leading to the arrest and incarceration of several executives and the closing of the firm in 1996.

Streamline refinancing is a mortgage refinancing process in the United States for Federal Housing Administration (FHA) mortgages that reuses the original loan's paperwork allowing quicker refinancing. The program was introduced by the FHA as a way to speed up the home refinancing process. By reusing the original loan's paperwork, the process to refinance a home was reduced from a few mo

The phrase street name securities or "nominee name securities" is used in the United States to refer to securities of companies which are held electronically in the account of a stockbroker or bank or custodian, similar to a bank account. The entity whose name is recorded as the legal owner of the securities is known as the "nominee owner," and that entity has ownership rights in the sec

A structured product, also known as a market-linked investment, is a pre-packaged structured finance investment strategy based on a single security, a basket of securities, options, indices, commodities, debt issuance or foreign currencies, and to a lesser extent, derivatives.

A structured settlement factoring transaction means a transfer of structured settlement payment rights (including portions of structured settlement payments) made for consideration by means of sale, assignment, pledge, or other form of encumbrance or alienation for consideration. In order for such transfer to be approved, the transfer must comply with Internal Revenue Code section 5891 a

Structuring, also known as smurfing in banking jargon, is the practice of executing financial transactions such as making bank deposits in a specific pattern, calculated to avoid triggering financial institutions to file reports required by law, such as the United States' Bank Secrecy Act (BSA) and Internal Revenue Code section 6050I (relating to the requirement to file Form 8300). Struc

A student loan is a type of loan designed to help students pay for tertiary education and the associated fees, such as tuition, books and supplies, and living expenses. It may differ from other types of loans in the fact that the interest rate may be substantially lower and the repayment schedule may be deferred while the student is still in school. It also differs in many countries in t

Subordination in banking and finance refers to the order of priorities in claims for ownership or interest in various assets.

The suggestion box is used for collecting slips of paper with input from customers and patrons of a particular organization. Suggestion boxes may also exist internally, within an organization, such as means for garnering employee opinion.