Strikebreakers: An Overview
Strikebreakers, also known as management-hired replacements for striking employees, play a controversial role in labor disputes. This article explores their definition, historical context, legal considerations, and societal impact.
Strip Development: Form of Commercial Land Use
Strip Development is a form of commercial land use where each establishment has direct access to a major thoroughfare, generally associated with intensive use of signs to attract passersby.
STRIPS Bonds: Separate Trading of Registered Interest and Principal of Securities
STRIPS Bonds, also known as Separate Trading of Registered Interest and Principal of Securities, are pre-stripped zero coupon bonds that are direct obligations of the U.S. Treasury. This entry provides an in-depth look at STRIPS Bonds, their characteristics, and applications.
Structural Unemployment: Persistent Systemic Unemployment
An in-depth understanding of structural unemployment, which persists even during periods of full employment, due to mismatches between job seekers and job requirements.
Structural Unemployment: A Detailed Exploration
An in-depth analysis of structural unemployment, its causes, effects, and distinctions from other types of unemployment.
Structure: Definition and Examples
An in-depth exploration of structures as constructed improvements to a site, covering various types and their significance.
Structured Interview: Definition and Insights
A structured interview is a formalized and pre-planned interview format where the interviewer carefully controls the subjects discussed, and the nature of the question and response format.
Student: Tax Dependency Definition
For tax purposes, 'Student' refers to an individual who is a full-time student for at least five calendar months during the tax year at a qualified educational institution or pursuing a full-time course of institutional on-farm training.
Sub-Marginal: Definition and Context in Economics
Submarginal entities are those that cannot maintain the minimum profit or production levels required to remain permanently in existence. This concept is pivotal in understanding market dynamics and economic viability.
Sub-Optimize: Underutilization of Potential Output
The act of utilizing a resource, system, or process to a less than the maximum degree of output, thereby not operating at its fullest potential.
Subchapter C: Corporate Taxation
An in-depth exploration of Subchapter C of the Internal Revenue Code, which governs the taxation of corporations in the United States.
Subcontractor: A Detailed Explanation
A comprehensive guide to understanding the role and significance of subcontractors in various industries, including definitions, examples, and frequently asked questions.
Subdivider: Definition, Functions, and Considerations
A subdivider partitions a tract of land for the purpose of selling individual plots, typically installing utilities and streets.
Subdividing: The Process of Dividing Land
An in-depth overview of subdividing land, including definitions, processes, types, historical context, and related terms.
Subject to Mortgage: Condition of Sale of Real Estate
A comprehensive analysis of the 'Subject to Mortgage' condition of sale in real estate transactions, where the purchaser acquires a property with a pre-existing mortgage without becoming personally liable.
Sublet: To Lease from Under a Lease
Subletting involves a tenant leasing a property to another party while still holding the original lease with the landlord.
Subliminal Advertising: Advertising Messages Below the Level of Consciousness
Subliminal advertising involves the presentation of advertising messages below the level of conscious perception. Historically used in the 1950s but subsequently banned due to ethical concerns.
Subordinated Debt: Debt that is Junior in Claim on Assets
Comprehensive definition and explanation of subordinated debt, its types, special considerations, examples, historical context, and related terms in finance.
Subordination: Establishing Priority of Claims and Debts
Subordination involves the establishment of priority between claims, debts, liens, and other interests, which can significantly impact financial and legal transactions.
Subpoena: Understanding Court Issued Writs
A subpoena is a legal document issued by a court that compels the appearance of a witness or the production of documents for a judicial proceeding under the authority of the court.
Subroutine: Definition and Uses in Computer Programming
A comprehensive definition of subroutines in computer programming, detailing their purpose, structure, and usage, with special focus on implementation in languages like BASIC. Includes examples, historical context, and important terminologies.
Subscript: Identifying Array Elements
An in-depth look at subscripts, their use in mathematics and computer languages, how they help in identifying particular elements in arrays, and their various representations.
Subscription: Agreement of Intent to Purchase
Subscription refers to an agreement to buy newly issued securities or to contribute money for a specific purpose.
Subscription Price: Rights Offering and Subscription Warrants
The Subscription Price is the price at which existing shareholders of a corporation are entitled to purchase common shares during a rights offering, or the price at which subscription warrants can be exercised.
Subscription Privilege: Shareholder Rights
An in-depth look at the subscription privilege, which grants existing shareholders the right to purchase additional shares of a new stock issue before it is available to the public.
Subscription Right or Warrant: Understanding Shareholder Privileges
A comprehensive exploration of Subscription Rights and Warrants, detailing the contractual rights of existing shareholders to purchase additional shares, their types, special considerations, historical context, and more.
Subsequent Event: Material Occurrences After the Financial Statement Date
Subsequent events are critical incidents that occur after the date of the financial statements but before the audit report is issued, which can significantly impact the financial position or earning capacity of a business.
Subset: Mathematical Concept and Application
A detailed exploration of subsets in mathematics, including definitions, types, properties, examples, and their applications in various fields.
Subsidiary Company: Definition and Key Details
A comprehensive overview of Subsidiary Companies, highlighting ownership structures, tax implications, and related business terms.
Subsidy: Government Economic Stimulus
A subsidy is a monetary payment or favorable economic stimulus provided by a government to individuals or groups, intended to promote growth, development, and profitability.
Subsistence: Maintenance Without Growth
Subsistence refers to maintenance without growth, usually used with reference to the standard of living. A subsistence standard is sufficient to keep the economic unit alive and reasonably healthy but provides nothing more.
Subsistence Theory of Wages: Foundation of Wage Determination
The Subsistence Theory of Wages posits that wages cannot fall below the subsistence level for long periods because such a level is insufficient to maintain the labor force. This classical economic proposition highlights the relationship between wages and basic living standards.
Substance vs. Form: Essential Distinction in Various Contexts
Understanding the essential difference between substance and form, and how this distinction is applied in legal, accounting, and tax contexts.
Substituted Basis: Understanding Exchanged and Transferred Basis in Taxation
Substituted Basis in taxation refers to either an exchanged basis or a transferred basis used to determine the tax purposes of property. This includes how the basis of property is calculated based on other properties held or transferred.
Substitutes: Alternative Choices in Economics
Substitutes are goods or services that can replace each other in consumption, catering to similar needs or wants of the consumer.
Substitution Effect: Economic Impact on Consumer Behavior
The Substitution Effect in economics describes the change in consumption patterns due to a change in the relative prices of goods, encouraging consumers to replace one good with another as the prices fluctuate.
Substitution Law: Economic Proposition and Consumer Behavior
An in-depth exploration of the Substitution Law, explaining its economic implications, examples, and role in consumer behavior and market dynamics.
Substitution Slope: The Relative Consumption at Different Prices
An in-depth exploration of the substitution slope, illustrating the relationship of the substitution of any pair of goods with respect to one another in the context of a given income and varying prices.
Subsurface Rights: An In-Depth Look at Mineral Rights
Understanding subsurface rights, often referred to as mineral rights, which pertain to the ownership and usage rights beneath a plot of land, including minerals, oil, and gas.
Subtenant: Leasing and Subleasing Explained
A comprehensive look at the role of a subtenant, the legal implications, and practical considerations involved in subleasing rental properties.
Subtotal: Preliminary Sum of Amounts
A subtotal is the preliminary sum of multiple individual amounts, calculated before any further additions, such as taxes or discounts, are applied.
Suit: A Legal Proceeding to Pursue a Remedy
A comprehensive guide to suits in legal proceedings, their types, historical context, examples, applicability, and more.
Summary Possession: Legal Eviction Process
Summary possession, commonly known as eviction, is a legal process in which a landlord removes a tenant from rental property for reasons specified by law.
Summons: A Mandate Requiring Defendant's Appearance
A detailed overview of a summons, a legal mandate requiring the appearance of the defendant under penalty, used primarily to notify the defendant of a lawsuit.
Sunset Provision: Self-Expiration Condition in Legislation
A Sunset Provision is a condition within a law or regulation, stipulating its expiration on a specified date unless it is actively renewed by further legislation.
Sunshine Law: Ensuring Transparency in Government
Understanding the Sunshine Law, which mandates public access to government meetings and decisions to promote transparency and accountability.
Supercomputers: Extremely Powerful Computational Machines
Supercomputers are technologically advanced and highly efficient computers designed to solve complex and computationally intensive scientific or engineering problems. Examples include Cray vector processors and Intel iPSC processors.
SUPERFUND: Hazardous Waste Cleanup Account
An account established by the federal government to finance the cleanup of areas polluted with hazardous waste when no other source is available for payment.
Superintendent: Key Managerial Role in Organizations
A comprehensive overview of the role of a Superintendent, focusing on responsibilities, types, examples, and historical context within organizations.
Supermarket: Large Self-Service Food Store
A comprehensive overview of supermarkets, which are large self-service stores selling groceries, meats, household goods, and more, usually on a cash-and-carry basis.
Superstore: Self-Service Store with Large Diversified Assortment
A comprehensive guide to superstores, self-service retail establishments offering a wide range of food and nonfood items, including groceries, clothing, electronics, automotive accessories, and lawn items.
Supplemental Security Income (SSI): A Comprehensive Overview
An in-depth exploration of Supplemental Security Income (SSI), its eligibility criteria, benefits, differences from other social security programs, and historical context.
Supplemental Unemployment Benefits: Understanding Employer-Financed Payments for Terminated Employees
Supplemental Unemployment Benefits (SUB) payments are taxable wages provided by employer-financed funds to terminated employees which are subject to income tax withholding but exempt from Social Security, Medicare, and federal unemployment taxes.
Supplemental Wages: Definition, Taxation, and Examples
A comprehensive guide to understanding supplemental wages, including bonuses, commissions, overtime pay, and certain types of sick pay, along with the tax withholding methods and FAQs.
Supplemental Young Child Credit: Additional Support for Families
Comprehensive overview of Supplemental Young Child Credit, a component of the Earned Income Tax Credit (EITC) designed to offer additional financial support to families with young children.
Supplier: Provider of Materials, Products, or Services
A supplier is an entity that supplies materials, products, or services to others, operating typically in the wholesale or retail supply business.
Supply: Understanding the Concept of Provision
A comprehensive guide to understanding 'Supply,' covering its definitions, types, applicability, historical context, and more.
Supply and Demand Curves: Graphic Representation
A detailed examination of supply and demand curves, and their intersection point indicating market equilibrium, which determines the equilibrium price and quantity.
Supply Price: Definition and Detailed Explanation
Supply Price refers to the price, according to a supply schedule or supply curve, that is necessary to get producers to produce a specific quantity of a good or service. This concept is fundamental to understanding market dynamics and producer behavior.
Supply-Side Economics: A Theory of Economic Growth
An in-depth look at supply-side economics, a theory that contends drastic tax reductions will stimulate productive investment to benefit society; championed by Professor Arthur Laffer in the late 1970s.
Support Level: Critical Price Point in Financial Markets
An in-depth exploration of support levels, a key concept in technical analysis, where a security price tends to halt its decline due to increased demand.
Support Test: Dependent Eligibility Criteria
The Support Test is one of five tests used to determine if an individual can be claimed as a dependent for tax purposes. It requires the taxpayer to provide more than half of the person's total support during a calendar year.
Supreme Court: The Highest Appellate Court in the U.S.
The Supreme Court is the highest appellate court or court of last resort in the federal court system and in most states, reviewing the constitutionality of tax laws and other critical legal matters.
Surcharge: An Additional Cost
A surcharge is a charge added to an existing charge, cost added to a cost, or tax added to a tax, often used in various financial contexts.
Surety Bond: Contract and Responsibility
A comprehensive overview of Surety Bond, its parties, function, legal significance, and applications in various industries.
Surfing (Slang): The Art of Casual Internet Browsing
Exploring the practice of surfing the web or a network with no specific objective, akin to 'channel surfing' with a television remote control.
Surge Protector: A Vital Device for Electrical Safety
A surge protector is an essential device that safeguards electrical appliances from brief bursts of excessive voltage typically caused by lightning or electric motors switching off.
Surplus: Understanding Excess Amounts in Various Contexts
A detailed exploration of the concept of surplus across different fields such as finance, economics, and accounting. Understand how surplus affects corporate finances and the broader economic framework.
Surplus Value: Excess of Output Value Over Wage Rate in Marxist Theory
In Marxist theory, Surplus Value refers to the excess value produced by labor over the wages paid to the laborers, forming the basis for profit in capitalist systems.
Surrender: Cancellation of a Lease by Mutual Consent
The term 'surrender' in the context of real estate and leasing refers to the mutual cancellation of a lease agreement between the lessor (landlord) and lessee (tenant). This article explores the concept, types, key considerations, examples, historical context, applicability, comparisons with related terms, FAQs, and references.
Survey: Comprehensive Overview
Detailed insight into the concept of surveys, covering land measurement techniques, population questionnaires, and the creation of survey plans.
Survey Area: Geographic Location in Studies and Radio Markets
A Survey Area refers to a specified geographic region represented by a sample group in research studies or the geographical scope in a radio market.
Surveyor: A Detailed Exploration
A comprehensive examination of the role of a surveyor, including their tasks, tools, techniques, and significance in various fields such as real estate, construction, and environmental studies.
Surviving Spouse: Tax Implications and Rights
A comprehensive overview of the tax implications and rights available to a surviving spouse, including eligibility for joint returns and dependency exemptions.
Survivors Program: Social Security Benefits for Qualifying Survivors
The Survivors Program within the Social Security System provides financial support consisting of lump-sum and monthly payments to the dependents of a deceased qualifying worker.
Survivorship: Ownership Rights Upon Death of a Joint Tenant
Survivorship refers to the right of a joint tenant or tenants to obtain ownership rights following the death of another joint tenant, thereby preventing the heirs of the deceased from making ownership claims against the property.
Suspended Trading: Temporary Halt in Security Trading
Suspended Trading refers to the temporary halt in trading a particular security, often in advance of major news announcements or to correct imbalances of buy and sell orders.
Suspension: Disciplinary Action in Employment
Suspension refers to a temporary disciplinary action taken against an employee for a stated period of time. Unlike discharge or dismissal, suspension allows the employee to resume their job after the designated period.

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