What Is a Self-Invested Personal Pension (SIPP)? A self-invested personal pension (SIPP) is a tax-efficient retirement savings account available in the U.K. SIPPs give individuals the freedom to allocate their assets in a wide range of investments approved by the country’s Her Majesty’s Revenue and Customs (HMRC), a non-ministerial department of the U.K. government responsible for tax collection and the payment of
What Is Selfish Mining? Selfish mining is a deceitful cryptocurrency mining strategy in which one miner or a group solves a hash, opens a new block, and withholds it from the public blockchain. This action creates a fork, which is then mined to get ahead of the public blockchain. If the group’s blockchain gets ahead
What Is a Self-Liquidating Loan? A self-liquidating loan (or self-liquidating offer) is a form of short- or intermediate-term credit instrument that is repaid with money generated by the assets it is used to purchase. The repayment schedule and maturity of a self-liquidating loan are timed to coincide with when the assets are expected to produce
What Is a Self-Tender Defense? A self-tender defense is a strategy utilized by a company to discourage and thwart a hostile takeover. If the management of the company targeted for acquisition does not wish to relinquish its control, they may take action to try and prevent this from happening by making a tender offer for its own
What Is Sell? The term sell refers to the process of liquidating an asset in exchange for cash. Liquidation is a term used to describe the conversion of non-liquid assets, such as real property, stocks, or bonds, into liquid property, such as cash, through an exchange on the open market. For example, your house is
What Is a Sectoral Currency? A sectoral currency is a medium of exchange that only has value in a limited marketplace in terms of geography or purpose. Local currencies, also known as a community currency, and local exchange trading systems (LETS) are examples of sectoral currency in use. The Fureai Kippu is a well-known example of
What Is Sector Analysis? Sector analysis is an assessment of the economic and financial condition and prospects of a given sector of the economy. Sector analysis serves to provide an investor with a judgment about how well companies in the sector are expected to perform. Sector analysis is typically employed by investors who specialize in
What Is a Sector Breakdown? A sector breakdown is the mix of sectors within a fund or portfolio, typically expressed as a portfolio percentage. Sector designations can vary depending on the fund’s investment criteria and overall objective. Key Takeaways The sector breakdown of a portfolio shows how much asset weights are allocated to what industry sectors.Sectors typically
What Is a Sector Fund? A sector fund is an investment fund that invests solely in businesses that operate in a particular industry or sector of the economy. Sector funds are commonly structured as mutual funds or exchange traded funds (ETFs). Key Takeaways A sector fund is an investment fund that invests in one type
What Is Secular? In finance, secular is a descriptive word used to refer to market activities that occur over the long term. Secular can also point to specific stocks or stock sectors unaffected by short-term trends. Secular trends are not seasonal or cyclical. Instead, they remain consistent over time. Key Takeaways Secular refers to market activities that unfold over
