Salvage value
Definition: The dollar value that a company estimates newly-purchased equipment will have at the end
Sarbanes Oxley Act
Definition: Enacted in 2002, and sometimes abbreviated to Sarbox or just Sox, the law that
Sare repurchase
See: Share buyback.
Secured bond
Definition: A bond with the added assurance that, if the company does not make the
Securities & Exchange Commission (SEC)
Definition: The primary government agency responsible for ensuring that companies who offer securities such as stocks