What Is a Shadow Market? A shadow market is an unregulated (or less regulated) private market where goods and services are exchanged with little or no oversight. Key Takeaways A shadow market is an unregulated (or less regulated) private market where goods and services are exchanged.A shadow market could be as simple as a handshake
Shai Agassi is an Israeli entrepreneur who founded Better Place, a company that developed and sold battery-charging and battery-switching services for electric cars. He resigned as CEO of Better Place in October 2012 and Better Place filed for bankruptcy in May 2013. Prior to that, he was president of the products and technology group at
What Is Shale Oil? Shale oil is a type of unconventional oil found in shale formations that must be hydraulically fractured to extract the oil. Primary uses include heating oil, marine fuel, and the production of various chemicals. Shale oil can, in fact, refer to two types of oil: crude oil that is found within shale
What Is the Shanghai Stock Exchange (SSE)? The Shanghai Stock Exchange (SSE) is the largest stock exchange in mainland China. It is a nonprofit organization run by the China Securities Regulatory Commission (CSRC). Stocks, funds, bonds, and derivatives are all traded on the exchange. Key Takeaways The Shanghai Stock Exchange (SSE) is the largest exchange in
What Is Share Capital? Share capital is the money a company raises by issuing common or preferred stock. The amount of share capital or equity financing a company has can change over time with additional public offerings. The term share capital can mean slightly different things depending on the context. Accountants have a much narrower
What Is a Shared Equity Mortgage? A shared equity mortgage is an arrangement under which a lender and a borrower share ownership of a property. The borrower must occupy the property. When the property sells, the allocation of equity goes to each part, according to their equity contribution. Each party also shares any losses accrued
What Are Shared Equity Finance Agreements? A shared equity finance agreement is a specific type of real estate purchase agreement in which a shared-equity partnership of two or more parties buys a residence together. Sometimes, such an agreement will instead specify that a lender and a borrower share in the ownership of a property, where
What Is the Shared National Credit Program? The Board of Governors of the U.S. Federal Reserve System, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) formed the shared national credit program in 1977 to provide an efficient and consistent review and classification of large syndicated loans. A
What Is a Share-Draft Account? A share-draft account is a version of a checking account, except it is offered by a credit union instead of a bank. In order to understand what a share-draft account is, it is first important to know the difference between a bank and a credit union. Banks are businesses that
What Is a Shareholder? A shareholder is a person, company, or institution that owns at least one share of a company’s stock or in a mutual fund. Shareholders essentially own the company, which comes with certain rights and responsibilities. This type of ownership allows them to reap the benefits of a business’s success. These rewards
