Business and Personal Finance Dictionary

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 

• STRICT LIABILITY - An owner of a property is responsible to an injured party without excuse. (See liabi...
  
  
• STRIKE INDEX - For a stock index option, the index value at which the buyer of the option can buy or se...
  
  
• STRIKE PRICE - The strike price, also called the exercise price, is the price at which you can buy the ...
  
  
• STRIKING PRICE - the fixed price at which a security can be purchased in a call contract or sold in a p...
  
  
• STRIKING PRICE INTERCAL - The distance between striking prices on a particular underlying security. Nor...
  
  
• STRIP - 1. A Straddle (q.v.) plus another one of the Put Options. 2. A portfolio of similar options, bu...
  
  
• STRIP BONDS OR ZERO COUPON BONDS - Usually high quality federal or government bonds originally issued i...
  
  
• STRIP CENTER - Any shopping area comprised of a row of stores but smaller than a neighborhood center an...
  
  
• STRIP MORTGAGE PARTICIPATION CERTIFICATE (STRIP PC) - Ownership interests in specified mortgages purcha...
  
  
• STRIPPED BOND - a bond that can be subdivided into a series of zero-coupon bonds.