Risk Management Plans (RMP)(RMP)Facilities are required to submit risk management plans (RMP) to EPA. Risk management plans will be available to State and local governments and citizens…
Risk premiumA risk premium is one way to measure the risk you'd take in buying a specific investment.
Risk ratioSome investors and financial analysts try to estimate the risk an investment poses by speculating on how much the investment is likely to increase in…
Risk ScoringAn automated way to analyze a credit report verses a manual review. It takes into account late payments, outstanding debt, credit experience, and number…
Risk ToleranceThe degree to which you are willing to risk losing some (or all) of your original investment in exchange for a chance to earn a higher rate of return.
Risk-adjusted performanceWhen you evaluate an investment's risk-adjusted performance, you aren't looking simply at its straight performance figures but at those figures in…
Risk-free returnWhen you buy a US Treasury bill that matures in 13 weeks, you're making a risk-free investment in the sense that there's virtually no chance of losing…
Rock-facedMasonry treated with a rough surface that retains or simulates the irregular texture of natural stone.
Roll-down gateA security gate with a mechanism that allows it to roll up and down.
RolloverIf you move your assets from one investment to another, it's called a rollover.
Rollover IRAA rollover IRA is an individual retirement annuity you create with tax-deferred assets you move from an employer sponsored retirement plan to a…
Roof PlanA drawing showing the arrangement of fixtures on the roof
Rooftop additionA construction or an installation of mechanical equipment and/or occupiable space situated on any structure's roof.
RosetteA round floral ornament, usually carved or painted.
Roth 401(k)The Roth 401(k) retirement plan, which was introduced in 2006, allows you to make after-tax contributions to your account.
Roth 401(k) Savings PlanAfter-tax retirement savings plan offered through the South Carolina Deferred Compensation Program .
Roth IRAA Roth IRA is a variation on a traditional individual retirement account (IRA).
Round lotA round lot is the normal trading unit for stocks and bonds on an organized securities exchange or market, also called a trading platform.
RowhouseOne of a group of an unbroken line of attached houses that share common side walls, known as party walls.
Rubble stoneIrregularly shaped, rough-textured stone laid in an irregular manner.
Rule of 78A practice, called the Rule of 78, means that lenders front-load the interest they charge on a short-term loan to guarantee their profit if you pay off…
Rural Development (RD)(RD)The "Rural Development" mortgage program is governed by the USDA and is designed to promote homeownership in rural areas.
Rural Housing Service (RHS)An agency within the U.S. Department of Agriculture (USDA), which operates a range of programs to help rural communities and individuals by providing loan…
Russell 1000 IndexThis capitalization-weighted index, published by the Frank Russell Company of Tacoma, Washington, tracks the 1000 largest stocks that are included in the…
Russell 2000 IndexThe Russell 2000 Index, published by the Frank Russell Company of Tacoma, Washington, tracks the stocks of the 2,000 smallest companies in the Russell…
RusticationRusticated stonework composed of large blocks of masonry separated by wide, recessed joints; often imitated in other materials for decorative purposes.
S&P (Standard and Poor's)A financial services company which is one of the best known bond rating agencies in the country.
Safe (or Safety) Deposit BoxA type of safe usually located in groups inside a bank vault and rented to customers for their use in storing valuable items.
Safe Drinking Water Act (SDWA)(SDWA)The Safe Drinking Water Act (SDWA) ensures that our tap water is fit to drink. Passed in 1974, SDWA sets national drinking water standards for public…
SafekeepingA service provided by banks where securities and valuables are protected in the vaults of the bank for customers.
salaryCompensation received by an employee for services performed. A salary is a fixed sum paid for a specific period of time worked, such as weekly or monthly.
Salary reduction planA salary reduction plan is a type of employer-sponsored retirement savings plan. Typical examples are 401(k)s, 403(b)s, 457s, and SIMPLE IRAs.
Sale LeasebackIn a sale-leaseback arrangement - also known as a leaseback - an owner sells his or her property, and then immediately leases it back from the buyer as…
Sales chargeIn the case of mutual funds, these are commissions charged to purchasers of fund units, usually based on the purchase or redemption price.
sales finance companyA sales finance company is any person or entity that engages in Connecticut in the business, in whole or in part, of acquiring retail instalment contracts…
Sales taxA sales tax is a tax imposed by state and local governments on transactions that occur within their jurisdictions.
Sallie MaeThis corporation purchases student loans from various lenders, such as banks, and packages the loans as bonds or short-term or medium-term notes.
Sarbanes-Oxley Act of 2002Named after its main Congressional sponsors, Senator Paul Sarbanes and Representative Michael Oxley, the Sarbanes-Oxley Act of 2002 introduced new…
SashThe secondary part of a window which holds the glazing in place; may be operable or fixed; usually constructed of horizontal and vertical members; sash…
Satisfaction of MortgageA document issued by a mortgagee (the lender) when a mortgage is paid in full.
Savings accountA savings account is a deposit account in a bank or credit union that pays interest on your balance-though some institutions require that you have at…
savings and loan associationConnecticut law allows the formation of a savings and loan association in either mutual or capital stock form.
Savings and loan association (S&L)An association chartered to hold savings and make real estate loans. Active in long-term financing (mortgages) rather than construction loans.
savings bankSavings banks were initially formed in the early 1800's in the northeastern United States to promote thrift among wage earners.
Savings bondsThe US government issues two types of savings bonds: Series EE and Series I. You buy electronic Series EE bonds through a Treasury Direct account for face…
SBA Guaranteed LoanGuaranteed loans are made by private lenders and then guaranteed by the SBA. The SBA's share may not exceed $750,000.
Schedule C EmployeeOne who holds a Federal appointment for a position that is excepted from the competitive service because of its policy-determining nature or because it…
Scheduled itemsArticles such as jewelry, furs, stamps, coins, guns, computers, antiques, and other items that may exceed normal policy limits in your regular homeowner…
Scissor GateA security gate with a sideways retractable mechanism.
screenA screen is a set of criteria against which you measure stocks or other investments to find those that meet your criteria.
ScripScrip is a certificate or receipt that represents something of value but has no intrinsic value.
ScripophilyScripophily is the practice of collecting antique stocks, bonds, and other securities.
Second homeA residence that is not one's principal (primary) residence; for example, a vacation home. See also "primary residence."
Second Lien Modification Program (2MP)(2MP)program that provides homeowners a way to modify their second mortgages to make them more affordable when their first mortgage is modified under the HAMP.
Second Mortgagea loan with a second-priority claim against a property in the event that the homeowner defaults.
Secondary displacementSecondary displacement is a prohibition against the placement of an H-1B (excluding H-1B1 or E-3) nonimmigrant with another/secondary employer where there…
Secondary employerSecondary employer is a business where an H-1B worker is sent to work by the employer who is the sponsor of the H-1B visa.
Secondary FaçadeA facade that does not face a public thoroughfare or mews or court and that does not possess significant architectural features.
Secondary marketWhen investors buy and sell securities through a brokerage account, the transactions occur on what's known as the secondary market.
secondary mortgage loanA secondary mortgage loan means (A) a loan or an extension of credit, including, but not limited to, an extension of credit pursuant to a contract or an…
Secondary Mortgage MarketThe market for buying and selling existing mortgages; this could be in the form of whole mortgage or MBS sales.
Secondary offeringThe most common form of secondary offering occurs when an investor, usually a corporation, but sometimes an individual, sells a large block of stock or…
Secondary producerAn industry that, in addition to producing its primary product, also produces other goods or services.
Secondary productGoods or services produced by an industry other than the primary product of that industry.
SecretarySecretary means the Secretary of Labor or the Secretary's designee.
Section DrawingA drawing representing a vertical plane cut through the structure
SectorA sector is a segment of the economy that shares distinctive characteristics, such as telecommunications or energy.
Sector fundSector mutual funds, also called specialty or specialized funds, concentrate their investments in a single segment of an industry, such as biotechnology…
Sector Mutual FundA mutual fund that concentrates its investments in an industry, business, single country other than the United States, or bonds of a single State within…
Secular marketA secular market is one that moves in the same direction - up or down - for an extended period.
Secured bondThe issuer of a bond or other debt security may guarantee, or secure, the bond by pledging, or assigning, collateral to investors.
Secured credit cardA secured credit card is linked to a savings account you open with the bank or other financial institution offering the card.
Secured LoanA secured loan is a loan that's guaranteed with collateral, such as a home or car.
SecuritiesFinancial forms that shows the holder owns a share or shares of a company (stocks) or has loaned money to a company or government organization (bonds).
securities actLegislation regulating the underwriting, distribution and sale of securities.
Securities and Exchange Commission (SEC)The Securities and Exchange Commission (SEC) is an independent federal agency that oversees and regulates the securities industry in the United States and…
Securities Investor Protection Corporation (SIPC)The Securities Investor Protection Corporation (SIPC) is a nonprofit corporation created by Congress to insure investors against losses caused by the…
Securities LendingA carefully collateralized process of loaning portfolio positions to custodians, dealers, and short sellers who must make physical delivery of positions.
SecuritizationSecuritization is the process of pooling various types of debt - mortgages, car loans, or credit card debt, for example - and packaging that debt as…
SecurityThe term "security" covers a broad variety of financial instruments, including stock, promissory notes, bonds, debentures, limited partnership interests…
Security gateA movable metal fixture installed in front of a storefront or inside the display window or door to protect the store from theft or vandalism when the…
Security gate housingThe container that houses the rolling mechanism of a roll-down security gate.
Security gate tracksThe interior or exterior tracks along the sides of the storefront (for roll-down gates) or along the top and bottom of the storefront (for scissor gates)…
Security InterestThe creditor’s right to take property or a portion of property offered as security.
Segmental archAn arch that’s in the form of a segment of a semicircle
Segmental or Curved-Head WindowA window with a non-rectilinear sash or frame as illustrated and defined as a special window in Appendices A and C of Chapter 3 of these rules.
Self RegistrationFDM allows users to register themselves to use the FDM reporting system using their CAC.
Self-amortizing loanA self-amortizing loan is one that's paid off over a specific period of time as the borrower makes regular installment payments.
Self-Amortizing LoansLoans in which periodic payments of principal and interest are scheduled over the life of the loan.
Self-amortizing mortgageOne that will retire itself through regular principal and interest payments.
Self-directed retirement planIf you participate in a salary reduction retirement plan, such as a 401(k) or a 403(b), you usually must select the investments into which your…
self-employment lossSelf-employment income minus self-employment expenses, when self-employment income is less than self-employment expenses.