What Is the Singapore Dollar (SGD)? The term Singapore dollar (SGD) refers to the official currency of the Southeast Asian island state of Singapore. The currency is issued and maintained by the country’s central bank. The dollar is abbreviated as SGD and is represented by the symbol S$ to set it apart from other dollar-based
What Is a Shadow? A shadow, or a wick, is a line found on a candle in a candlestick chart that is used to indicate where the price of a stock has fluctuated relative to the opening and closing prices. Essentially, these shadows illustrate the highest and lowest prices at which a security has traded
What Is the Shadow Banking System? The shadow banking system is a group of financial intermediaries which facilitate the creation of credit across the global financial system, but whose members are not subject to regulatory oversight. These companies are often known as nonbank financial companies (NBFCs). The shadow banking system also refers to unregulated activities
What Is Shadow Inventory? Shadow inventory refers to uninhabited or soon-to-be-uninhabited real estate that has yet to be put on the market. It is most often used to account for those properties that are in the process of foreclosure but that have not yet been sold. It also encompasses homes that owners are waiting to put
What Is a Shadow Market? A shadow market is an unregulated (or less regulated) private market where goods and services are exchanged with little or no oversight. Key Takeaways A shadow market is an unregulated (or less regulated) private market where goods and services are exchanged.A shadow market could be as simple as a handshake
Shai Agassi is an Israeli entrepreneur who founded Better Place, a company that developed and sold battery-charging and battery-switching services for electric cars. He resigned as CEO of Better Place in October 2012 and Better Place filed for bankruptcy in May 2013. Prior to that, he was president of the products and technology group at
What Is Shale Oil? Shale oil is a type of unconventional oil found in shale formations that must be hydraulically fractured to extract the oil. Primary uses include heating oil, marine fuel, and the production of various chemicals. Shale oil can, in fact, refer to two types of oil: crude oil that is found within shale
What Is the Shanghai Stock Exchange (SSE)? The Shanghai Stock Exchange (SSE) is the largest stock exchange in mainland China. It is a nonprofit organization run by the China Securities Regulatory Commission (CSRC). Stocks, funds, bonds, and derivatives are all traded on the exchange. Key Takeaways The Shanghai Stock Exchange (SSE) is the largest exchange in
What Is Share Capital? Share capital is the money a company raises by issuing common or preferred stock. The amount of share capital or equity financing a company has can change over time with additional public offerings. The term share capital can mean slightly different things depending on the context. Accountants have a much narrower
What Is a Shared Equity Mortgage? A shared equity mortgage is an arrangement under which a lender and a borrower share ownership of a property. The borrower must occupy the property. When the property sells, the allocation of equity goes to each part, according to their equity contribution. Each party also shares any losses accrued
