What Is Sweet Crude? Sweet crude refers to crude oil that is extracted that is found to contain very low amounts of sulfur. It is considered a valuable and efficient source of crude oil due to the fact that sulfur lowers the yield of various refined petroleum products such as gasoline, diesel fuel, and even
What Is a Sweetheart Deal? A sweetheart deal is an agreement of any type that generally consists of one party presenting another party with a proposal so attractive and potentially lucrative that it is difficult to turn down. Sweetheart deals tend to be secretive in nature and controversial. In many cases, they can be unethical
What Is the Society for Worldwide Interbank Financial Telecommunications (SWIFT)? Society for Worldwide Interbank Financial Telecommunications (SWIFT) is a member-owned cooperative providing secure messaging for international transfers of money between participating banks. Started in 1973 by 239 banks from 15 countries, SWIFT began providing messaging services in 1977. Its SWIFTnet messaging system lets banks share
What Is a Swing? A swing can either refer to a type of trading strategy or a large fluctuation in the value of an asset, liability, or account that reverses a trend. This term commonly refers to a situation in which the price of an asset experiences a significant change over a relatively short period.
What Is a Swing High? The term swing high is used in technical analysis. It refers to a peak reached by an indicator or a security’s price before a decline. A swing high forms when the high reached is greater than a given number of highs positioned around it. A series of consecutively higher swing
What Is Super-Prime Credit? Super-prime credit is a credit score that is at the highest end of a credit bureau’s score range. Consumers with super-prime credit are considered to have excellent credit and pose the least risk to lenders and creditors. Credit card companies and lenders offer their best credit cards and loans with the
What Is a Super Regional Bank? A super regional bank is a mid-sized financial institution that has a significant presence in a geographical region across multiple states. It is similar to a large national or global bank in terms of assets, revenue, and scale of activities, but does not operate on a global level. Key Takeaways
What Is a Super Sinker? The term super sinker refers to a type of bond with a long-term coupon but a potentially short maturity. If the principal balance of the bond is paid out before maturity, bondholders receive the value of the principal back quickly. Super sinker bonds typically attract investors who want a brief
What Is a Supplemental Liquidity Provider (SLP)? Supplemental liquidity providers (SLPs) are one of three key market participants on the New York Stock Exchange (NYSE). Supplemental liquidity providers (SLPs) are market participants that use sophisticated high-speed computers and algorithms to create high volume on exchanges in order to add liquidity to the markets. As an
What Is Supply? Supply is a fundamental economic concept that describes the total amount of a specific good or service that is available to consumers. Supply can relate to the amount available at a specific price or the amount available across a range of prices if displayed on a graph. This relates closely to the demand
