The traditional term for membership on a stock exchange. An investment dealer or brokerage buys a seat on the exchange and one employee is designated as the seat holder. As Toronto Stock Exchange is now demutualized, there are no longer seats on the exchange.
Archives
Secondary Offering Financing
The dollar value of secondary offering securities issued in accordance with a TSX or TSX Venture Exchange approved transaction. It is the stated prospectus price multiplied by the “number of securities issued under the offering plus the over allotment”.
Sector Funds
mutual funds specializing in a particular industry sector such as computers, or health care.
Securities
Transferable certificates of ownership of investment products such as notes, bonds, stocks, futures contracts and options.
Sales
Services and products sold by a company. Sales and revenues mean the same thing.
Sales per Share
Annual sales divided by the number of shares outstanding.
Same Store Sales
Sales at retail stores or restaurants open at least one year. A chain’s same store sales growth excludes gains due to increases in the number of stores. Same store sales growth in the 5 percent to 10 percent range is considered good.
Screening
Searching the entire universe of mutual funds or stocks meeting user-specified criteria.
Revenue
The total amount of funds generated by a business.
Reverse Stock Split
This is where a company reduces the number of outstanding shares by decreasing the number of available shares and combining their value into the fewer shares. This has the effect of increasing the stock’s par value. This is often used by companies whose stock is about to be delisted from an exchange because of its low price.