Archives: Terms

Definition of Self-Assessment (Tax) Self-assessment is a system wherein taxpayers themselves are responsible for reporting their income, determining the amount of tax due, and paying it to the tax authorities. This system primarily relies on the honesty and accuracy of individuals and businesses to comply with tax laws and regulations. […]

### Segmented Market Definition of Segmented Market A segmented market refers to the division of a broad consumer or business market, usually consisting of existing and potential customers, into sub-groups of consumers based on some type of shared characteristics. Several criteria can define these segments, such as demographics, psychographics, geographic […]

Definition of Security of Tenure Security of Tenure refers to the legal protections provided to tenants or employees, ensuring that they cannot be removed or dismissed arbitrarily. In the context of housing, it means tenants have a guarantee of occupancy as long as they fulfill their rental obligations (such as […]

Definition of Security Security, in economic terms, typically refers to a financial instrument that represents some form of financial value. These instruments are often traded in financial markets and can be classified into various categories, including stocks, bonds, options, and more. Securities are essential tools for businesses and governments to […]

Definition of Securitization Securitization is the financial process of pooling various types of contractual debt, such as mortgages, car loans, or credit card debt obligations, and selling their related cash flows to third-party investors as securities. These securities are then sold to investors who receive regular payments derived from the […]

Definition of Securities Market The securities market, also known as the financial market, is a marketplace where financial instruments such as stocks, bonds, derivatives, and other securities are traded. This market allows companies to raise capital, investors to buy and sell securities, and plays a critical role in the overall […]

Definition of Securities and Investment Board The Securities and Investment Board (SIB) was the principal regulatory authority for securities and investments in the United Kingdom. Established in 1986 under the Financial Services Act 1986, the SIB’s role was to oversee the financial services industry, foster transparency, protect investors, and ensure […]

Definition of Securities and Exchange Commission The Securities and Exchange Commission (SEC) is a United States government agency created to regulate the securities markets and protect investors. The primary mission of the SEC is to ensure that the securities markets operate fairly and efficiently, to maintain orderly markets, and to […]

Definition of Secured Loan A secured loan is a type of loan that is backed by collateral. Collateral can be any asset that the lender accepts as security for the loan. Common examples of collateral include real estate, vehicles, savings accounts, or any other valuable property. The key characteristic of […]

Definition of Secondary Market The secondary market is a marketplace where investors buy and sell previously issued securities such as stocks, bonds, options, and futures. It is called “secondary” because the trading happens after the initial issuance of securities in the primary market. The secondary market provides liquidity to investors, […]