UK Business Jargon - Letter S
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Secondary research
Information which is already available from other people's research.
Secured loan
A loan where security collateral is given like the using your Business Premises. Secured lending is viewed to carry less risk than unsecured lending and interest rates are usually lower to reflect this.
Server
A powerful computer on a network that acts as a store for data and software. It can also control access to workstations, printers and other parts of the a companies network.
Shareholders
Own the company by holding shares in it. In a private company they may also be the directors. In a public company they can include members of the public who have bought shares through a market such as the stock exchange.
Single market
The European Union have created an area without internal boundaries in which the free movement of goods, persons, services and capital is ensured throughout the EU.
Small Firms Loan Guarantee (SFLG)
Government service which provides lenders with a guarantee against default on loans made to small businesses.
SMTP
Simple Mail Transport Protocol, the agreed standard for sending email.
Sole Trader
Where an individual runs a business and all profit payments are combined within the individuals personal finance and tax. Sole traders run their own businesses but can either work on their own or employ staff.
Spam
Unsolicited emails sent to large numbers of recipients. Most Interent security software now contains SPAM filters sending the emails to your deleted items
Stockmarket
The market for the sale and purchase of shares, government bonds, and other securities.
Stock
A businesses goods for sale including raw materials, part completed goods or work in progress.
Subject to contract
Words used on documents exchanged by businesses during contract negotiations. They denote that the document is not a finalised contract and negotiations are still ongoing.
Subsidiary company
A company that is over half owned by its parent company.
Suppliers
Suppliers are businesses that supply other businesses with materials.
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