Industry WIKI

The Stockholm congestion tax (Swedish: Trängselskatt i Stockholm), also referred to as the Stockholm congestion charge, is a congestion pricing system implemented as a tax levied on most vehicles entering and exiting central Stockholm, Sweden. The congestion tax was implemented on a permanent basis on 1 August 2007, after a seven-month trial period between 3 January 2006 and 31 July 200

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

StockX is an online marketplace and clothing reseller, primarily of sneakers. Since November 2020, it has also opened up to electronic products such as game consoles, smartphones and computer hardware. The Detroit-based company was founded by Dan Gilbert, Josh Luber, Greg Schwartz, and Chris Kaufman in 2015–2016. StockX has more than 800 employees in Downtown Detroit. StockX currently ha

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.

A store of value is any commodity or asset that would normally retain purchasing power into the future and is the function of the asset that can be saved, retrieved and exchanged at a later time, and be predictably useful when retrieved.

A stored-value card (SVC) or cash card is a payment card with a monetary value stored on the card itself, not in an external account maintained by a financial institution. This means no network access is required by the payment collection terminals as funds can be withdrawn and deposited straight from the card. Like cash, payment cards can be used anonymously as the person holding the ca

In finance, a straddle strategy involves two transactions in options on the same underlying, with opposite positions. One holds long risk, the other short. As a result, it involves the purchase or sale of particular option derivatives that allow the holder to profit based on how much the price of the underlying security moves, regardless of the direction of price movement.

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

In finance, a strangle is an options strategy involving the purchase or sale of two options, allowing the holder to profit based on how much the price of the underlying security moves, with a neutral exposure to the direction of price movement. A strangle consists of one call and one put with the same expiry and underlying but different strike prices. Typically the call has a higher stri

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.

Strategic financial management is the study of finance with a long term view considering the strategic goals of the enterprise. Financial management is sometimes referred to as "Strategic Financial Management" to give it an increased frame of reference.

The Strategic Investment Fund of the Democratic Republic of the Congo (French: Fonds d'investissement stratégique de la République démocratique du Congo; FIS-RDC) is a state-owned strategic investment fund established in 2025 by the Ministry of Finance to mobilize financing, manage state assets, and support long-term economic development.

Strategy index is an index that tracks the performance of an algorithmic trading strategy. It is a way to measure the performance of a particular strategy over time. Like an index that tracks a particular stock market, a strategy index does the same for a trading algorithm. The trading strategy may as simple as a market sector defined by stocks that belong to one specific industry to com

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.

Stratus Technologies, Inc. is a major producer of fault tolerant computer servers and software. The company was founded in 1980 as Stratus Computer, Inc. in Natick, Massachusetts, and adopted its present name in 1999. The current CEO and president is Dave Laurello. The founder of Stratus was Bill Foster, who was CEO until Stratus was acquired by Ascend Communications in 1999. Prior to 20

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

Street marketing is a form of guerrilla marketing that uses nontraditional or unconventional methods to promote a product or service. Many businesses use fliers, coupons, posters and art displays as a cost-effective alternative to the traditional marketing methods such as television, print and social media. Based on the shifting characteristics of modern-day consumers – such as increased

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

In finance, a stress test is an analysis or simulation designed to determine the ability of a given financial instrument or financial institution to deal with an economic crisis. Instead of doing financial projection on a "best estimate" basis, a company or its regulators may do stress testing where they look at how robust a financial instrument is in certain crashes, a form of scenario

In finance, the strike price (or exercise price) of an option is a fixed price at which the owner of the option can buy (in the case of a call), or sell (in the case of a put), the underlying security or commodity. The strike price may be set by reference to the spot price, which is the market price of the underlying security or commodity on the day an option is taken out. Alternatively,

Strinova (formerly CalabiYau) is a third-person tactical hero shooter developed and published by iDreamSky. It introduces "stringification", a mechanic which allows players to switch between a 3D and a paper-like 2D form of their character. The game started development in 2019 and was released in China on February 1, 2024. It was released globally on November 21, 2024.

Stripe, LLC is an Irish-American multinational financial services and software as a service (SaaS) company dual-headquartered in South San Francisco, California, United States, and Dublin, Ireland. The company primarily offers payment-processing software and application programming interfaces for e-commerce websites and mobile applications.

Strong dollar policy is United States economic policy based on the assumption that a "strong" exchange rate of the United States dollar (meaning it takes fewer dollars to purchase the same amount of another currency) is in the interests of the United States. In 1971, Treasury Secretary John Connally famously remarked how the US dollar was "our currency, but your problem," referring to ho

Structured finance is a sector of finance and financial law concerned with managing leverage and risk. Strategies may involve off-balance-sheet accounting or the use of financial instruments to manage credit risk and facilitate capital flows.

Structured Financial Messaging System (SFMS) is a secure messaging standard developed to serve as a platform for intra-bank and inter-bank applications. It is an Indian standard similar to SWIFT which is the international messaging system used for financial messaging globally.

A structured investment vehicle (SIV) is a non-bank financial institution established to earn a credit spread between the longer-term assets held in its portfolio and the shorter-term liabilities it issues. They are simple credit spread lenders, frequently "lending" by investing in securitizations, but also by investing in corporate bonds and funding by issuing commercial paper and medi

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 is a negotiated financial or insurance arrangement through which a claimant agrees to resolve a personal injury tort claim by receiving part or all of a settlement in the form of periodic payments on an agreed schedule, rather than as a lump sum. As part of the negotiations, a structured settlement may be offered by the defendant or requested by the plaintiff. Ult

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

Student debt refers to the debt incurred by an individual to pay for education-related expenses. This debt is most commonly assumed to pay for tertiary education, such as university.

The Student Initiative Rahel (German: Rahel-Bildungsprojekt) was a project of the Institute for World Church and Mission (IWM, German: Institut für Weltkirche und Mission), which is part of the Sankt Georgen Graduate School of Philosophy and Theology in Frankfurt-Sachsenhausen. The nonprofit project started in 2010 and collected money until 2017, financing scholarships for disadvantaged

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

Stunt casting is the use of a gimmick or publicity stunt to fill a role in a television series, film, or theatre production. The casting itself can range broadly, from a non-actor celebrity, a glorified cameo appearance, to real-life relatives portraying fictional family members.

Style drift occurs when a mutual fund's actual and declared investment style differs.

Style investing is an investment approach in which securities are grouped into categories, and portfolio allocation is based on selection among "styles" rather than among individual securities.

Subhash Chandra–LIC Housing Finance loan fraud case is a major financial scandal in India involving the diversion of bank loans and money laundering by Subhash Chandra, the promoter of Essel Group.

In finance, subordinated debt (also known as subordinated loan, subordinated bond, subordinated debenture or junior debt) is debt which ranks after other debts if a company falls into liquidation or bankruptcy.

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

In finance, subprime lending (also referred to as near-prime, subpar, non-prime, and second-chance lending) is the provision of loans to people who may have difficulty maintaining the repayment schedule.

The American subprime mortgage crisis was a multinational financial crisis that occurred between 2007 and 2010, contributing to the 2008 financial crisis. It led to a severe economic recession, with millions becoming unemployed and many businesses going bankrupt. The U.S. government intervened with a series of measures to stabilize the financial system, including the Troubled Asset Relie

The economy of Iran includes a lot of subsidies. Food items, such as flour and cooking oil, are subsidized, along with fuels such as gasoline. However cutting subsidies can cause civil unrest.

Subvertising (a portmanteau of subvert and advertising) is the practice of making spoofs or parodies of corporate and political advertisements. The cultural critic Mark Dery coined the term in 1991. Subvertisements are anti-ads that deflect advertising's attempts to turn the people's attention in a given direction. According to author Naomi Klein, subvertising offers a way of speaking ba

Sucden (Sucres et Denrées) is a French-based commodity broker of soft commodities and other financial products headquartered in Paris. The firm started as a sugar broker and is now amongst the world leaders with a market share of around 15% in volume (as of 2016), or 9.5 million tonnes. It has offices around the world, including London and Hong Kong.

The SUCRE ([ˈsukɾe]; Spanish: Sistema Unitario de Compensación Regional, "Unified System for Regional Compensation") was a regional currency proposed for commercial exchanges between members of the regional trade bloc Bolivarian Alliance for the Americas (ALBA), which was created as an alternative to the Free Trade Agreement of the Americas (FTAA). The SUCRE was intended to replace the

Sugar is heavily marketed both by sugar producers and the producers of sugary drinks and foods. Apart from direct marketing methods such as messaging on packaging, television ads, advergames, and product placement in setting like blogs, industry has worked to steer coverage of sugar-related health information in popular media, including news media and social media.

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.

Suica (occasionally written in Japanese as スイカ, Suika) is a prepaid, rechargeable, contactless smart card and electronic money system used as a fare card on train lines and other public transport systems in Japan, launched on November 18, 2001, by the East Japan Railway Company (JR East). The card can be used across the nation as part of Japan's Nationwide Mutual Usage Service, including

Sukuk (Arabic: صكوك, romanized: ṣukūk; plural of Arabic: صك, romanized: ṣakk, lit. 'legal instrument, deed, cheque') is the Arabic name for financial certificates, also commonly referred to as "sharia compliant" bonds.

Sumitomo Mitsui Banking Corporation (株式会社三井住友銀行, Kabushiki-gaisha Mitsui Sumitomo Ginkō; SMBC) is a Japanese multinational banking financial services institution owned by the Sumitomo Mitsui Financial Group, which is also known as the SMBC Group. It is headquartered in the same building as SMBC Group in Marunouchi, Chiyoda, Tokyo, Japan.

Sumo Logic, Inc. is a cloud-based data analytics company, focusing on cybersecurity, security analytics and observability. It provides log management and analytics services based on artificial intelligence.

SumUp is a British financial technology company headquartered in London. SumUp’s primary product is an EMV card reader and a number of online payment and bank account system for merchants and businesses.

Sun Capital Partners, Inc., is an American private equity firm specializing in leveraged buyouts. Sun Capital was founded in 1995 by Marc J. Leder and Rodger Krouse, former classmates at the Wharton School of the University of Pennsylvania and investment bankers at Lehman Brothers.

SunGard was an American multinational company based in Wayne, Pennsylvania, which provided software and services to education, financial services, and public sector organizations. It was formed in 1983 as a spin-off of the computer services division of Sun Oil Company.

SunPass is an electronic toll collection system within the state of Florida, United States. It was created in 1999 by the Florida Department of Transportation's (FDOT's) Office of Toll Operations, which operates as a division of Florida's Turnpike Enterprise (FTE). The system utilizes windshield-mounted RFID transponders manufactured by TransCore and lane equipment designed by companies

A super app or super-app (also known as an everything app) is a mobile or web application that can provide multiple services including payment and instant messaging services, effectively becoming an all-encompassing, self-contained, commerce and communication online platform that embraces many aspects of personal and commercial life. Notable examples of super apps include Tencent's WeCha

The Supervisory and Financial Information Authority (Italian: Autorità di Supervisione e Informazione Finanziaria; ASIF), which is guaranteed full autonomy and independence in the performance of its institutional functions, is the central institution in the Holy See and Vatican City State that has exclusive competence for supervision and regulation for the purpose of money laundering, th

Supply chain finance (SCF), also known as supplier finance or reverse factoring, comprises a suite of financial solutions that aim to manage working capital and liquidity for businesses within a supply chain. These arrangements are typically initiated by a buyer to allow their suppliers to access funding for their accounts receivable at interest rates based on the buyer's credit rating,

In commerce, supply chain management (SCM) deals with a system of procurement (purchasing raw materials/components), operations management, logistics and marketing channels, through which raw materials can be developed into finished products and delivered to their end customers. A more narrow definition of supply chain management is the "design, planning, execution, control, and monitori

Sur La Table, Inc. (French: [syʁ la tabl]) is a privately held retail company based in Seattle, Washington, that sells kitchenware including cookware, cutlery, cooks' tools, small electrics, tabletop and linens, bakeware, glassware and bar, housewares, food, and outdoor products. As of October 2018, Sur La Table sold products in 184 stores in 32 states across the United States, as well a

A payment surcharge, also known as checkout fee, is an extra fee charged by a merchant when receiving a payment by cheque, credit card, charge card, debit card or an e-money account, but not cash, which at least covers the cost to the merchant of accepting that means of payment, such as the merchant service fee imposed by a credit card company. Retailers generally incur higher costs when

Surveillance capitalism is a concept in political economics which denotes the widespread collection and commodification of personal data by corporations. This phenomenon is distinct from government surveillance, although the two can be mutually reinforcing. The concept of surveillance capitalism, as described by Shoshana Zuboff, is driven by a profit-making incentive, and arose as advert

The Survey of Consumer Finances (SCF) is a triennial statistical survey of the balance sheet, pension, income and other demographic characteristics of families in the United States; the survey also gathers information on the use of financial institutions.

SUSE S.A. ( SOO-sə, SOO-zə, German: [ˈzuːzə]) is a multinational open-source software company that develops and sells Linux products to business customers. Founded in 1992, it was the first company to market Linux for enterprise. It is the developer of SUSE Linux Enterprise and the primary sponsor of the community-supported openSUSE Linux distribution project. SUSE S.A. is headquartered

In financial regulation, a suspicious activity report (SAR) or suspicious transaction report (STR) is a report made by a financial institution about suspicious or potentially suspicious activity as required under laws designed to counter money laundering, financing of terrorism and other financial crimes. The criteria for when a report is required vary by country, but in general, a repor

Sustainability advertising is communications geared towards promoting social, economic and environmental benefits (sustainability) of products, services or actions through paid advertising in media in order to encourage responsible behavior of consumers.

Sustainability brands are brands that undertake sustainable practises in the workings of their business and champion them.

Sustainability marketing myopia is a term used in sustainability marketing referring to a distortion stemming from the overlooking of socio-environmental attributes of a sustainable product or service at the expenses of customer benefits and values. Sustainability marketing is oriented towards the whole community, its social goals and the protection of the environment. The idea of sustai

Sustainable advertising addresses the carbon footprint and other negative environmental and social impacts associated with the production and distribution of advertising materials. A growing number of companies are making a commitment to the reduction of their environmental impact associated with advertising production and distribution.

Sustainable finance is the set of practices, standards, norms, regulations and products that pursue financial objectives while taking into account environmental, social, and governance considerations. It is often used interchangeably with Environmental, Social & Governance (ESG) investing. It is important to distinguish between ESG integration for better risk-adjusted returns and the bro

According to PIMS (profit impact of marketing strategy), an important lever of business success is growth. Among 37 variables, growth is mentioned as one of the most important variables for success: market share, market growth, marketing expense to sales ratio or a strong market position.

Traditionally, market orientation (MO) focuses on microenvironment and the functional management of an organisation. However, contemporary organisations have widened their focus to incorporate more roles, functions and emphasis on the macro environment. Firms have been concerned with short run success and often not taken into account the long-run ecological, social and economic effects f

Sustainable packaging refers to the design, manufacture and use of packaging with the aim of reducing environmental impacts over its life cycle while maintaining its functional and economic requirements. This involves increased use of life cycle inventory (LCI) and life cycle assessment (LCA) to help guide the use of packaging which reduces the environmental impact and ecological footpri

Sustainalytics is a company that rates the sustainability of listed companies based on their environmental, social and corporate governance (ESG) performance. The company was born of a merger between Toronto-based Jantzi Research, which was founded in 1992 by Sustainalytics' current CEO Michael Jantzi, and its European counterpart. Following its acquisition of GES International on Januar

SVOX is an embedded speech technology company founded in 2000 and headquartered in Zurich, Switzerland. SVOX was acquired by Nuance Communications in 2011. The company's products included Automated Speech Recognition (ASR), Text-to-Speech (TTS) and Speech Dialog systems, with customers mostly being manufacturers and system integrators in automotive and mobile device industries.

In finance, a swap is a derivative in which two parties agree to exchange one stream of cash flows for another, based on some agreed formula. An example is a floating-for-fixed interest rate swap, which calls for (a) payments by one party based on the product of a floating interest rate and a fixed amount, called the notional, in exchange for (b) payments by the counterparty based on the

A swap execution facility (SEF) (sometimes swaps execution facility) is a platform for financial swap trading that provides pre-trade information (i.e. bid and offer prices) and a mechanism for executing swap transactions among eligible participants.

A swaption (a portmanteau of "swap" and "option") is an option granting its owner the right but not the obligation to enter into an underlying swap on specified terms at a future date. In practice the term is most commonly used for options on interest rate swaps, where the holder has the right to enter into a fixed-for-floating interest rate swap.

The lilangeni (plural: emalangeni, ISO 4217 code: SZL) is the currency of Eswatini and is subdivided into 100 cents. It is issued by the Central Bank of Eswatini (in swazi Umntsholi Wemaswati) and is authorised by the king and his family. The South African rand is also accepted in Eswatini. Similar to the Lesotho loti, there are singular and plural abbreviations, namely L and E, so where

A sweepstake (also sweepstakes) is a type of contest in which a prize or prizes are awarded to winners selected by chance rather than skill. Sweepstakes have a long history in many countries, though they are regulated differently depending on jurisdiction. In some countries, such as the United States, sweepstakes must by law be free to enter, while in others, such as Australia, a purchas

Sweetbay Supermarket was a chain of American supermarkets located in Florida. The first Sweetbay Supermarket to open was in Seminole, Florida, in November 2004. The company's headquarters was located near Tampa, in Hillsborough County, Florida. It was a part of the Belgian Delhaize Group. In May 2013, the chain was purchased by BI-LO. On October 8, 2013, BI-LO announced it was retiring t

The Society for Worldwide Interbank Financial Telecommunication (SWIFT), legally S.W.I.F.T. SC, is a cooperative established in 1973 in Belgium (French: Société Coopérative) and owned by the banks and other member firms that use its service. SWIFT provides the main messaging network through which international payments are initiated. It also sells software and services to financial insti

The SWIFT ban against some Russian banks is one of several international sanctions against Russia imposed by the European Union and other western countries as a result of its invasion of Ukraine, aimed at weakening the country's economy to end the invasion by hindering Russian access to the SWIFT financial transaction processing system.

Swift v. Tyson, 41 U.S. (16 Pet.) 1 (1842), was a case brought in diversity in the Circuit Court for the Southern District of New York on a bill of exchange accepted in New York in which the Supreme Court of the United States determined that United States federal courts that heard cases brought under their diversity jurisdiction under the Judiciary Act of 1789 must apply statutory state

A swing producer or swing supplier is a supplier or a close oligopolistic group of suppliers of any commodity, controlling its global deposits and possessing large spare production capacity. A swing producer is able to increase or decrease commodity supply at minimal additional internal cost, and thus able to influence prices and balance the markets, providing downside protection in the

Swing trading is a speculative trading strategy in financial markets where a tradable asset is held for one or more days in an effort to profit from price changes or swings. A swing trading position is typically held longer than a day trading position, but shorter than buy-and-hold investment strategies that can be held for months or years. Profits can be sought by either buying an asse

Swish (Swedish pronunciation: [swɪʂː] or [svɪʂː]) is a mobile payment system in Sweden. The service was launched in 2012 by six large Swedish banks, in cooperation with Bankgirot and the Central Bank of Sweden. It had 8 million users as of July 2022 (total Swedish population: 10.2 million).

The Swiss Finance Institute (SFI) is an institute organized as a non-profit foundation. Its purpose is to competitively foster university institutions and networks in research and teaching, aimed at strengthening the position of Switzerland's science and financial sectors. Created in 2006 as a public–private partnership, SFI is a common initiative of the Swiss finance industry, leading S

The Swiss Performance Index (SPI) is a wide total-return index that tracks equity primarily listed on SIX Swiss Exchange with a free-float of at least 20%, and excluding investment companies. The index covers large, mid and small caps and is weighted by market capitalization. Most constituents, although not all, are domiciled in Switzerland or the Principality of Liechtenstein.

The Swiss Private Bankers Association is a Swiss trade association made up of banking institutions that meet the legal definition of a private banker according to Swiss law. It is based in Geneva, Switzerland, and currently has six members.

The Swiss Union of Arts and Crafts, (in German Schweizerischer Gewerbeverband SVG, in Italian Unione svizzera delle arti e mestieri USAM, in French Union Suisse des Arts et Métiers USAM) or Swiss Trade Association is a Swiss umbrella organization representing the small and medium-sized enterprises of the country.

Switch was a debit card brand in the United Kingdom from 1988 until 2002.

Sword Art Online: Integral Factor is a Japanese massively multiplayer online open-world role-playing game developed by Asobimo and published by Bandai Namco Entertainment, released in December 2017, and based on the anime and manga series Sword Art Online.

SWORD-financing (stock and warrant off-balance sheet research & development financing) is a special form of financing invented to help junior biotech companies access institutional capital markets to finance their research and development (R&D) via establishing a special purpose entity and giving the investors partial rights to the outcomes of the R&D projects that they are funding.

In sociology and anthropology, symbolic capital can be referred to as the resources available to an individual on the basis of honor, prestige or recognition, and serves as value that one holds within a culture. A war hero, for example, may have symbolic capital in the context of running for political office.

Symbols of the United States Department of the Treasury include the Flag of the Treasury Department and the U.S. Treasury Seal. The original seal predates the department, having originated with the Board of Treasury during the period of the Articles of Confederation. The seal is used on all U.S. paper currency, and—like other departmental seals—on official Treasury documents.

A syndicated loan is one that is provided by a group of lenders and is structured, arranged, and administered by one or several commercial banks or investment banks known as lead arrangers.

A synthetic CDO is a variation of a collateralized debt obligation (CDO) that generally uses credit default swaps (CDSs) and other derivatives to obtain its investment goals. As such, it is a complex derivative financial security sometimes described as a bet on the performance of other mortgage (or other) products, rather than a real mortgage security. The value and payment stream of a s

In finance, a synthetic position is a way to create the payoff of a financial instrument using other financial instruments.