Business and Personal Finance Dictionary

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• STEADY STATE - As an MBS pool ages, or four to six months after component mortgages have passed at leas...
  
  
• STEAMSHIP CONFERENCE - an agreement between multiple shipping companies to provide common freight rates...
  
  
• STEEL BANDING - Strips of metal used to secure joists over girders or walls.
  
  
• STEENTH - 1/16 (0.0625) of one full point in price. Often used in negotiations to compromise an eighth ...
  
  
• STEEP YIELD CURVE - See yield curve slope.
  
  
• STEEPENING OF THE YIELD CURVE - A change in the yield curve where the spread between the yield on a lon...
  
  
• STEEPENING OF YIELD CURVE - the spread of the yield between a long term and short term Treasury has inc...
  
  
• STEERING - The illegal practice of channeling homeseekers interested in equivalent properties to partic...
  
  
• STEERS - Merrill Lynch's STructured Enhanced Return TrustS, originated in 1990. A kind of SPV (q.v.).
  
  
• STEP ASIDE - Allow a block to trade at a price at which you do not care to participate in the trade.