A simplified employee pension (SEP IRA) is a retirement plan allowing employers or self-employed individuals to contribute to individual retirement accounts for their employees.
A sinking fund is a financial strategy that helps companies set aside money over time to manage and pay off debt, like a superhero saving the day at its maturity.
A special purpose acquisition company (SPAC) is a company without commercial operations formed to raise capital through an IPO for acquiring or merging with an existing company.
A spinoff is a separate company created when a parent company distributes shares of a subsidiary or business division to its shareholders, usually perceived as a shiny new opportunity.
Subordinated debt, also known as a subordinated debenture, ranks below other more senior loans or securities with respect to claims on assets or earnings.