Illiquid, inactively traded stock not familiar market
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Saturday night special
Saturday night special Often used in risk arbitrage. Sudden attempt by one company to take over another by making a public tender offer.
Special arbitrage account
Special arbitrage account A margin account with lower cash requirements, reserved for transactions that are hedged by an offsetting position in futures or options.
Special assessment bond
Special assessment bond A municipal bond with interest paid by the taxes of the community benefiting from the bond-funded project.