What Is a Small Business Investment Company (SBIC)? A small business investment company (SBIC) is a type of privately-owned investment company that is licensed by the Small Business Administration (SBA). Small business investment companies supply small companies with both equity and debt financing. They provide a viable alternative to venture capital firms for many small
What Is a Small-Cap Stock? A small-cap stock is a stock from a public company whose total market value, or market capitalization, is about $250 million to $2 billion. The precise figures vary. Small-cap stock investors are generally looking for up-and-coming young companies that are growing fast. That is, they’re looking for the large-cap stocks
What Is a Small Corporate Offering Registration (SCOR)? A small corporate offering registration (SCOR) is a simplified means for smaller companies to raise capital by issuing shares. SCOR provides an exemption from the normal registration requirements of federal securities laws for companies that offer and sell up to $5 million of their securities in any 12-month period. Aside
What Is the Small Firm Effect? The small firm effect is a theory that predicts that smaller firms, or those companies with a small market capitalization, tend to outperform larger companies. The small firm effect is an apparent market anomaly used to explain superior returns in Gene Fama and Kenneth French’s Three-Factor Model, with the
What Is a Small Saver Certificate (SSC)? A small saver certificate (SSC) is a deposit savings account with a small minimum balance requirement or no minimum at all. Minor-aged children, as well as young adults, tend to invest in them. The certificates pay either a fixed rate of interest for a specific term or a
What Is a Small Trader? A small trader refers to a market participant whose buying and selling activity is small enough for them to be exempt from certain regulatory requirements. It is often used to refer to retail traders or small financial firms, whose trading volumes are relatively low. Large traders, by contrast, are required
What Are Cryptocurrency Smart Assets? Smart assets are unique virtual currency tokens that may represent a tangible real-world asset or non-tangible ownership that can be purchased, sold, or exchanged as defined by the rules of smart contracts on the blockchain network. Key Takeaways Smart assets are the underlying assets of smart contracts.NEM, which stands for
What Is a Smart Contract? A smart contract is a self-executing program that automates the actions required in an agreement or contract. Once completed, the transactions are trackable and irreversible. Smart contracts permit trusted transactions and agreements to be carried out among disparate, anonymous parties without the need for a central authority, legal system, or
What Is a Smart Home? A smart home refers to a convenient home setup where appliances and devices can be automatically controlled remotely from anywhere with an internet connection using a mobile or other networked device. Devices in a smart home are interconnected through the internet, allowing the user to control functions such as security access
What Is Smart Money? Smart money is the capital that is being controlled by institutional investors, market mavens, central banks, funds, and other financial professionals. Smart money was originally a gambling term that referred to the wagers made by gamblers with a track record of success. Key Takeaways Smart money is capital placed in the
