Page 146 - PRIAA Glossary
P. 146
S
SALES GROWTH
The annual compounded revenue growth of a firm.
SCALPING
A trading strategy of holding a position for a very short period of time and selling it for a small gain. Traders using this strategy are called scalpers.
SCENARIO ANALYSIS
The assessment and management of rare events that give rise to a severe risk exposure to the firm.
SCENARIO TESTING
A methodology that attempts to build plausible views of a small number of different possible futures scenarios for an organisation operating in conditions of high uncertainty.
SCHEDULED TERMINATION DATE
The scheduled maturity date of a credit derivative contract.
A credit event has to occur on or before the scheduled termination date for protection to be valid. The termination date is the date on which the credit derivative contract settles (which may be earlier if a credit event occurs).
SCRAPPING
The demolition of a vessel that occurs at the end of its useful economic life.
SCRITTURA
A web-delivered technology platform that provides management and straight-through processing for over- the-counter (OTC) trade confirmations. Scrittura is owned
by Autonomy and automates the full post-trade lifecycle of trade documentation and communication. DocGenerator and
144
