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 

• SOLVENT - the state of being able to meet expenses and pay debts.
  
  
• SOMEWHERE (SOMETIME) DOWN THE PIKE - sometime later on (pike is an old word for road)
  
  
• SONIA - Sterling Overnight Interbank Average (q.v.). An average of the rates that London's largest mone...
  
  
• SOP - Statement of Position (within the AICPA or FASB) or Standard Operating Procedure.
  
  
• SOS - The ISO 4217 currency code for the Somalian Shilling.
  
  
• SOUND - when used in a financial context, means financially secure and safe.
  
  
• SOUR BOND - A bond issue that has defaulted on interest or principal payments, and will thus trade at a...
  
  
• SOUR GAS - Natural gas found with a sufficiently high quantity of sulfur to require purifying prior to ...
  
  
• SOUR OR SWEET CRUDE - Industry terms which denote the relative degree of a given crude oil’s sulfur con...
  
  
• SOURCE DOCUMENT - the original record of a transaction or an event.