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Social Security benefits

The financial definition for Social Security benefits:

Monthly government payments to retired workers or their families who have paid Social Security taxes for a total of 40 quarters or 10 years.




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Asset backed security

Asset backed security
A security that is collateralized by loans, leases, receivables, or installment contracts on personal property, not real estate.


Beta equation (security)

Beta equation (security)
The market beta of a security is determined as follows: Regress beta of stock y on excess returns of the market. The slope coefficient is beta. Define n as number of observation numbers. Beta= [(n) (sum of [xy]) ]-[ (sum of x) (sum of y)]/ [(n) (sum of [xx]) ]-[ (sum of x) (sum of x)] where: n = # of observations (usually 36 to 60 months) x = rate of beta for the S&P 500 index y = rate of return for the security. Related: beta


Cabinet security

Cabinet security
A stock or bond listed on a major exchange with low daily traded volume.


Further Suggestions

Convertible security
Credit linked security
Derivative security
Employee Retirement Income Security Act (ERISA)
Fixed dollar security
Graduated security
Host security


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