What Is the Rust Bowl? “Rust Bowl” is another name for Rust Belt, a geographic region that was formerly a manufacturing or industrial powerhouse but is now in deep, seemingly irreversible decline. While a rust bowl can occur anywhere globally, it is most commonly used to refer to the U.S. Northeast and Midwest, which were
What Is SEC Form S-4? SEC Form S-4: Registration Statement Under the Securities Act of 1933 must be submitted to the Securities and Exchange Commission (SEC) in the event of a merger or an acquisition between two companies. The form must also be submitted for exchange offers. Form S-4 has two parts. Part I is
What Is an S-8 Filing? An S-8 filing is an SEC filing required for companies wishing to issue equity to their employees. The S-8 form outlines the details of an internal issuing of stock or options to employees similar to filing a prospectus. A company submits an S-8 filing for stock programs that are intended
What Is a Seasonally Adjusted Annual Rate (SAAR)? A seasonally adjusted annual rate (SAAR) is a rate adjustment used for economic or business data, such as sales numbers or employment figures, that attempts to remove seasonal variations in the data. Most data is affected by the time of the year, and adjusting for the seasonality
What Is the Sacrifice Ratio? The sacrifice ratio is an economic ratio that measures the effect of rising and falling inflation on a country’s total production and output. Costs are associated with the slowing of economic output in response to a drop in inflation. When prices fall, companies are less incentivized to produce goods and
What Is a Safe Deposit Box? A safe deposit box (or safety deposit box) is an individually secured container—usually a metal box—that stays in the safe or vault of a federally insured bank or credit union. Safe deposit boxes are used to keep valuables, important documents, and sentimental keepsakes protected. Customers rely on the security
What Is a Safe Harbor? A safe harbor is a legal provision to sidestep or eliminate legal or regulatory liability in certain situations, provided that certain conditions are met. The phrase safe harbor also has uses in the finance, real estate, and legal industries. The term safe harbor may also be used to refer to
What Is a Safe Haven? A safe haven is a type of investment that is expected to retain or increase in value during times of market turbulence. Investors seek out safe havens in order to limit their exposure to losses in the event of market downturns. However, what assets are actually deemed safe havens can
What Is SAFE Investment Company (China)? The SAFE Investment Company is the Hong Kong branch of the Chinese sovereign wealth fund. SAFE is an acronym for State Administration of Foreign Exchange. SAFE’s Hong Kong subsidiary opened in 1997 with $20 billion in capital. Today, the SAFE Investment Company is a private company, however, officials from
What Is Safekeeping? Safekeeping, also known as safe keep, is the storage of assets or other items of value in a protected area. Many individuals choose to place financial assets in safekeeping. To do so, individuals may use self-directed methods of safekeeping or the services of a bank or brokerage firm. Financial institutions are custodians
