A Sales Contract is a legally binding agreement between a buyer and a seller outlining the terms and conditions for the sale of goods or services.
Sales incentives are remunerations offered to salespersons for surpassing predetermined sales targets, and they can be in the form of cash, prizes, or special promotions.
An in-depth exploration of a Sales Office, its functions, benefits, and distinctions from other business entities typically found in sales and distribution strategy.
Comprehensive look into Sales Price, its calculations, considerations, and significance in various domains such as Real Estate, Retail, and Economics.
Sales tax is a percentage-based tax imposed on the retail sale of certain items. This tax is considered regressive and serves as a major revenue source for most states.
An in-depth look at SARL, the Italian designation for a firm with limited liability, covering its characteristics, legal implications, types, and applicability.
Saturation is the condition of a market where the supply of a product or service exceeds the demand.
Savings refers to the portion of disposable income that is not spent on consumption and plays a crucial role in individual financial health and overall economic stability.
The Savings Rate is a critical financial metric indicating the percentage of income saved by individuals or households. This entry explores its definition, importance, examples, and related concepts like Marginal Propensity to Save.
Say's Law, a proposition by 19th-century French economist J. B. Say, asserts that supply creates its own demand. It posits that whatever quantity is supplied will also be demanded.
Scalage refers to the percentage deduction granted in business dealings with goods that are prone to shrinkage, leakage, or other variations in the amount or weight originally stated.
Comprehensive coverage of the concept of scale in Economics, Labor, and Modeling, including definitions, examples, and applications.
A scalper speculator enters into quasi-legal or illegal transactions to turn a quick profit. This entry explores the definition, types, historical context, and implications of scalping.
A comprehensive explanation of scarcity and scarcity value in economics, their impact on commodity pricing, and related concepts.
The Law of Scarcity is a foundational concept in economics that refers to the limited nature of resources in contrast to the unlimited desires of individuals and societies. It explains how resources are allocated and the basis of market value in a market economy.
A detailed overview of scrip, including its definition, historical context, types, and applications in various fields such as finance, securities, and general transactions.
A detailed examination of sealed bids, their definition, process, historical significance, and applicability in various sectors.
Detailed Overview of Seasonal Unemployment, Including Effects, Examples, and Government Adjustments
Seasonal Unemployment refers to the joblessness that occurs in certain industries during off-peak seasons. It typically affects sectors such as tourism, agriculture, and retail, where employment needs fluctuate with the seasons.
An in-depth exploration of seasonality, its causes, types, and significance in business and economic contexts.
An essential system used for electronically submitting and accessing filings by businesses and individuals for compliance with federal securities laws in the United States.
An in-depth look at the Self-Employment Contributions Act, its implications, historical context, applicability, and related concepts.
A detailed exploration of secondary boycotts, their definition, legality, historical context, and implications in labor relations.
Detailed explanation of the Secondary Market where securities are traded post original issuance, encompassing exchanges and over-the-counter markets, as well as the trading of money market instruments.
This entry covers Section 1031 of the Internal Revenue Code, which deals with tax-free exchanges of certain property types, providing detailed guidelines, historical context, and examples.
A comprehensive overview of the term 'Sector' exploring its various contexts in finance, economy, and technology, along with examples and historical context.
A comprehensive guide to Secured Debt, its types, advantages, disadvantages, and real-world examples.
Detailed explanation of Securities including types, historical context, examples, and key considerations.
An in-depth look into organized, national exchanges where securities, options, and commodities futures contracts are traded by members for their own accounts and the accounts of customers.
The Securities Investor Protection Corporation (SIPC) is a nonprofit organization designed to protect investors against the loss of cash and securities in case of a brokerage firm's failure.
An overview of the Federal Reserve Board's authority to establish selective terms for various credit instruments, including margin requirements and their impact on stock market trading.
An in-depth exploration of selective distribution, a strategy where manufacturers distribute products only to specific wholesalers or retailers who meet predefined criteria.
A detailed exploration of self-employed individuals, including types, tax responsibilities, risks, and historical context.
An in-depth analysis of self-employment income, coverage under Social Security, tax implications, and special considerations for self-employed individuals.
A Seller's Market is a situation where there is more demand for a security or product than the available supply, leading to rising prices and favorable conditions for sellers.
Comprehensive analysis of semi-variable costs, their characteristics, and applicability in different business contexts.
A term used to describe an event or process that occurs twice a year, typically at six-month intervals.
A comprehensive guide on who qualifies as a senior citizen, benefits, special tax rules, and privileges associated with this age group.
Sensitivity Analysis explores how different values of an independent variable can impact a particular dependent variable under a given set of assumptions.
Comprehensive guide to understanding Service Businesses, covering their classifications, examples, historical context, and more.
An economy characterized by the predominance of the service sector, contributing significantly to GDP and employment.
An in-depth examination of service fees paid by advertisers to advertising agencies, including types, rates, examples, and related terms.
An in-depth exploration of the Service Sector, its impact on employment, contributions to GDP, types of service industries, historical evolution, and future trends.
A comprehensive overview of a service worker's role in the service sector, its growth, union representation, and economic implications.
An in-depth exploration of set-aside programs which allocate a certain percentage of government and corporate contracts for minority firms to promote equal opportunity.
A comprehensive guide to the concept of 'Settle' in different contexts including general, legal, and securities.
Detailed analysis of Setup Cost, including its definition, components, examples, and related concepts.
A detailed overview of severance benefit, its types, eligibility, computation, applicability, comparisons with similar terms, and legal considerations.
Understanding SHAKEOUT: A phenomenon in market conditions that eliminates weaker or marginally financed participants in an industry or securities market.
An in-depth explanation of Share of Market, also referred to as Brand Share, including its calculation, significance, and implications in business.
A glossary entry defining the role, history, and economic implications of sharecroppers.
Shark Repellent refers to measures undertaken by a corporation to discourage unwanted takeover attempts. It is a defensive tactic aimed at protecting the company's interests against hostile bids.
Shekels are an ancient form of money first noted in the Bible and currently the official currency of Israel. This article provides a comprehensive overview of its history, usage, and significance.
Comprehensive overview of the Sherman Anti-Trust Act of 1890, its historical context, impact on U.S. law, and continued relevance in modern antitrust regulation.
An in-depth look at shift differential as extra compensation paid to employees working non-standard hours.
Examination of the economic entity that ultimately bears the burden of a tax and how taxes are shifted to different entities.
Consumer products requiring concentration and research to make an informed judgment about their relative merits and price. Shopping products can take a considerable amount of a consumer's time and concentration before an informed purchase decision is reached.
In economics, the short run is a period of time during which existing firms can increase production in response to changing economic conditions, but cannot increase their capacity or allow new firms to enter the industry.
A comprehensive guide to understanding shortfalls in revenue and budget, including causes, examples, and implications.
Comprehensive guide on Shrinkage including definitions, types, examples, and historical context across various industries.
An in-depth analysis of the Shutdown Point, the output price level at which a firm's revenues barely offset the firm's fixed costs and revenue.
Overview of Silicon Valley, the region in California known for being the hub of high-tech research and innovation, and the birthplace of modern computing advancements.
Comprehensive exploration of the Silver Standard, a monetary system where a currency's value is directly linked to silver. Learn about its implementation, historical significance, pros and cons, and its comparison to other standards.
Simple interest is a method of calculating the interest on a principal sum where the interest is not compounded. Compared to compound interest, simple interest involves paying interest only on the principal.
A comprehensive overview of the Single Tax Movement, its economic and political philosophy, its historical context, influence, and applicability today.
A comprehensive guide on Skill Obsolescence, exploring how trades, occupations, and skills become redundant due to advancements in technology and automation.
A detailed exploration of Skimming, discussing illegal tax practices and strategic pricing methods in marketing.
An in-depth overview of Stock Keeping Units (SKUs), their significance in inventory management, usage in various industries, and best practices for efficient SKU management.
An in-depth look at slowdowns, a strategic form of work protest used by employees to apply economic pressure on employers without resorting to a strike.
An in-depth analysis of a slump, its distinctions from related economic terms, causes, effects, and historical examples.
A comprehensive guide to small businesses, their roles in innovation, economic impact and growth, with an emphasis on their characteristics, definitions, and significance.
The Small Business Administration (SBA) provides support to entrepreneurs and small businesses in the United States through resources, loans, and expert guidance.
The Small Business Administration (SBA) is a federal government agency based in Washington, D.C., that provides support to entrepreneurs and small businesses through various programs, including low-interest-rate loans.
The Smithsonian Agreement of December 1971 marked the end of the fixed exchange rate system established at the Bretton Woods Conference, transitioning to floating exchange rates.
An in-depth look at smokestack industries, including their characteristics, historical context, challenges, and impact on the global economy.
An in-depth exploration of snowballing in business, covering its definition, types, examples, historical context, and more.
An in-depth exploration of Social Audits, a comprehensive method for evaluating a company's level of social responsibility.
An exploration of Social Overhead Capital, investments in areas such as education and health care, whose productivity or effectiveness cannot be directly measured.
Understanding the requirement for employers to report vested benefits to the U.S. Treasury Department and the Social Security Administration, and how employees can access this information.
A comprehensive guide to Social Security Tax, including the old-age, survivor's, and disability (OASDI) portion of the tax assessed on compensation and self-employment earnings under the Federal Insurance Contributions Act (FICA).
Socialism is an economic system where the government owns or controls major critical industries, but may allow collective ownership and some private ownership in agriculture, services, and less critical industries.
Detailed description of soft goods, their types, applications, and comparison with hard goods in the merchandising industry.
An in-depth exploration of a soft market in the context of economics and finance where demand shrinks, or supply grows faster than demand, making sales at reasonable prices difficult.
The Soil Bank is a program designed to stabilize commodity prices and promote soil conservation by paying farmers to hold land out of agricultural production.
A comprehensive guide to understanding sole proprietorships, including definitions, advantages, disadvantages, examples, and legal considerations.
The ability to meet debt obligations, satisfy claims, and maintain an excess of assets over liabilities.
Detailed Explanation of Special Assessments: Definition, Types, Considerations, and Examples.
Special Drawing Rights (SDRs) are an international monetary asset created by the International Monetary Fund (IMF) to supplement its member countries' official reserves. SDRs facilitate global trade and financial stability by providing liquidity and a supplementary reserve asset.
Special Drawing Rights (SDR) form part of a nation’s reserve assets in the international monetary system, first issued by the International Monetary Fund (IMF) in 1970 to supplement gold and convertible currencies.
Understanding the term 'Special Purchase,' often used by retailers under federal controls for advertising special sales focusing on low prices.
A comprehensive guide to understanding the concept of a Specialist, including definitions, types, historical context, examples, and its applicability in various fields.
Specialty Selling involves the direct retailing of items or services not generally carried in a retail store, such as encyclopedias and life insurance.
A comprehensive exploration of specie money, its historical context, types, and unique value in economic systems.
Detailed explanation of speculation in financial markets, including types, examples, comparisons with gambling and investment, and historical context.
Speculative Building involves land development or construction without formal commitment from end users, contrasting with Custom Building where construction is under contract. Discover types, examples, and market impact.
A comprehensive overview of speculators in financial markets, highlighting their role, strategies, risks, and impacts on market dynamics.
Speedup refers to the practice where employers push for greater productivity from workers without increasing their wages. This productivity demand can come through increased workloads, reduced break times, or intensified work pace.
Spendable income refers to the amount of income that remains after all required government taxes have been deducted, often synonymous with after-tax cash flow.
Understanding spending money, also known as pocket money, including its purpose, management tips, historical context, and practical applications.
Exploration of Spillover Effects in Economic Activities: Positive and Negative Externalities, Historical Context, Examples, and Applications.
