What is Stratified Random Sampling? Stratified random sampling is a sampling method in which a population group is divided into one or many distinct units – called strata – based on shared behaviors or characteristics. Stratification refers to the process of classifying sampling units of the population into homogeneous units. In stratified random sampling, any…
What is the Straight Line Basis? The straight line basis is a method used to determine an asset’s rate of reduction in value over its useful lifespan. Other common methods used to calculate depreciation expenses of fixed assets are sum of year’s digits, double-declining balance, and units produced. Straight line basis is the simplest technique…
What is Straight-Through Processing (STP)? Straight-through processing (STP) is an automatic solution for seamless electronic transactions and interactions without manual intervention. STP is commonly used by financial institutions to reduce transaction time and stock markets to facilitate seamless initiation and settlement of securities without manual intervention. The straight-through processing’s infrastructure provides fully electronic and smooth…
What is a Stock Symbol (Ticker)? A stock symbol is a form of identification that is used to identify publicly-traded companies using a series of letters. Ticker symbols are often abbreviations utilizing a company’s name to describe a company’s stock. Different stock exchanges follow different conventions for allocating stock symbols. For example, securities listed on…
What is a Stock Market Crash? A stock market crash refers to a drastic, often unforeseen, drop in the prices of stocks in the stock market. The sudden drop in stock prices may be influenced by economic conditions, catastrophic event(s), or speculative elements that sweep across the market. Most flash crashes are usually short bursts…
What is the Stock Exchange Daily Official List (SEDOL)? The stock exchange daily official list (SEDOL) is a seven-digit code used to identify all securities listed and trading on the United Kingdom securities market. Companies and issuers use SEDOL to identify assets, such as investment trusts, insurance-based securities, and other common stock forms. SEDOL is…
