What Is the Staggers Act? The Staggers Rail Act of 1980 is a federal law that significantly deregulated the railroad industry in the United States. The act encouraged greater reliance on competition to set rates and allowed railroads to set their own rates based on market forces. The Act was passed to replace the highly-regulated
What Is a Stagger System? A stagger system is a method of electing a company’s board of directors that puts up only part of the board for re-election in any one year, in contrast to the system in which all board members go up for re-election annually. Key Takeaways A stagger system involves dividing a
What Is Stagnation? Stagnation is a prolonged period of little or no growth in an economy often highlighted by periods of high unemployment. A rate of growth of less than 2-3% annually as measured by gross domestic product (GDP) is considered stagnation. Stagnation can occur on a macroeconomic scale or in specific industries or companies.
What Is a Stakeholder? A stakeholder is a party that has an interest in a company and can either affect or be affected by the business. The primary stakeholders in a typical corporation are its investors, employees, customers, and suppliers. However, with the increasing attention on corporate social responsibility, the concept has been extended to include
What Is a Stalking Horse Bid? A stalking horse bid is an initial bid on the assets of a bankrupt company. The bankrupt company will choose an entity from a pool of bidders who will make the first bid on the firm’s remaining assets. The stalking horse sets the low-end bidding bar so that other
What Is a Stalled Pattern? A stalled pattern is a candlestick chart pattern that occurs during an uptrend, but indicates a likely bearish reversal. It is also known as a deliberation pattern. Candlestick charts are price charts that show the open and closing prices of a security, as well as their highs and lows for
What Is a Stalwart? Stalwart is an investing term popularized by legendary stock picker Peter Lynch to describe a large, well-established company that still offers long-term growth potential. Lynch used several criteria to identify stalwarts that he would include in his portfolio alongside companies he designated as slow growers, fast growers, cyclicals, and turnarounds. In
DEFINITION of Securities Transfer Agents Medallion Program Securities Transfer Agents Medallion Program (STAMP) is a verification system used by many different institutions for guaranteeing individual signatures applied to physical certificates of securities requiring transfers. STAMP is one of three guarantee programs for this purpose, the other two being Stock Exchanges Medallion Program (SEMP) and New York Stock Exchange
What Is a Stamp Duty? A stamp duty is a tax that governments place on legal documents, usually involving the transfer of real estate or other assets. Governments can impose stamp duties, also known as stamp taxes, on documents that are needed to legally record those types of transactions, as well as on documents recording
What Is Standalone Risk? Standalone risk is the risk associated with a single operating unit of a company, a company division, or asset, as opposed to a larger, well-diversified portfolio. Key Takeaways Standalone risk is the risk associated with a single aspect of a company or a specific asset.Standalone risk cannot be mitigated through diversification.Total beta
