Story Stock

Story Stock

What Is a Story Stock? A story stock refers to a company’s shares whose value reflects expected outperformance, the culmination of some new innovation, or favorable press coverage, rather than its market value being solely based on fundamentals like assets and income. A story stock’s share price is thus often bid up on overly optimistic

At once Bond Definition

At once Bond Definition

What Is a Straight Bond? A straight bond is a bond that pays interest at regular intervals, and at maturity pays back the principal that was originally invested. A straight bond has no special features compared to other bonds with embedded options. U.S. Treasury bonds issued by the government are examples of straight bonds. A

Right away-Via Processing (STP): Definition and Benefits

Right away-Via Processing (STP): Definition and Benefits

What Is Straight-Through Processing (STP)? Straight-through processing is an automated process done purely through electronic transfers with no manual intervention involved. Its popular uses are in payment processing as well as the processing of securities trades. Any company involved with straight-through processing will need to have the necessary systems and technical networking in place to

Stranger-Owned Existence Insurance policy (STOLI) Definition

Stranger-Owned Existence Insurance policy (STOLI) Definition

What Is Stranger-Owned Life Insurance? Stranger-owned life insurance (STOLI) is an arrangement in which an investor holds a life insurance policy without insurable interest on the insured. Without insurable interest, the investor would ordinarily be prohibited from purchasing the original policy. Because of this, STOLI policies are generally illegal and difficult to obtain. Key Takeaways