What Is Series 9/10? Series 9/10 refers to a two-part securities exam and license entitling the holder to supervise sales activities at a general securities-oriented branch office. Before taking the Series 9/10 Exams, also known as the General Securities Sales Supervisor Qualification Exams, a candidate must have a Series 7 license. The Series 9/10 covers
What Is Series A Financing? Series A financing refers to an investment in a privately-held start-up company after it has shown progress in building its business model and demonstrates the potential to grow and generate revenue. It often refers to the first round of venture money a firm raises after seed and angel investors. Key
What Is a Series EE Bond? The Series EE Bond (often referred to as a “Patriot Bond”) is a non-marketable, interest-bearing U.S. government savings bond. These bonds are guaranteed to at least double in value over the typical 20-year initial term. Some Series EE bonds have total interest-paying lives that extend beyond the original maturity
What Is a Series I Bond? A series I bond is a non-marketable, interest-bearing U.S. government savings bond that earns a combined fixed interest rate and variable inflation rate (adjusted semiannually). Series I bonds are meant to give investors a return plus protection from inflation. Most Series I bonds are issued electronically, but it is
What Is a Serious Delinquency? A serious delinquency is when a single-family mortgage is 90 days or more past due and the bank considers the mortgage in danger of default. Once a mortgage is in default, a lender may initiate foreclosure proceedings. Key Takeaways “Serious delinquency” refers to any outstanding balance owed on a mortgage
What Is Servant Leadership? Servant leadership is a leadership style and philosophy whereby an individual interacts with others—either in a management or fellow employee capacity—to achieve authority rather than power. The system embodies a decentralized organizational structure. Leaders who follow this style include customer-facing employees in company decision-making. These employees have a close relationship with
What Is Sensitivity? In finance, sensitivity is the magnitude of a market instrument’s reaction to changes in underlying factors, most often in terms of its price response to other factors. Financial instruments, such as stocks and bonds, are constantly influenced directly and indirectly by a myriad of factors. Sensitivity accounts for these factors that impact
What Is Sensitivity Analysis? Sensitivity analysis determines how different values of an independent variable affect a particular dependent variable under a given set of assumptions. In other words, sensitivity analyses study how various sources of uncertainty in a mathematical model contribute to the model’s overall uncertainty. This technique is used within specific boundaries that depend
What Is a Sentiment Indicator? Â A sentiment indicator is designed to represent how a group feels about the market or economy. These market psychology-based indicators attempt to quantify sentiment, in the form of figures or graphically, to predict how current beliefs and positions may affect future market behavior Sentiment indicators look at how bullish or
What Is a Simplified Employee Pension (SEP)? A simplified employee pension (SEP) is an individual retirement account (IRA) that an employer or a self-employed person can establish. The employer is allowed a tax deduction for contributions made to a SEP IRA and makes contributions to each eligible employee’s plan on a discretionary basis. Additionally, under
