All Finance terms definitions starting with the alphabet S

Simplified Payment Verification (SPV)

Simplified Payment Verification (SPV) The Bitcoin whitepaper’s section 8 describes Simplified Payment Verification (SPV). Employing the features of Merkle proofs enables a transaction recipient to demonstrate that the sender controls the underlying funds of the payment they are presenting without downloading the entire Blockchain. So this does not ensure that we have already spent the […]

What is Solidity?

Definition of Solidity Solidity is basically a high-level language, which is used in implementing smart contracts in an ethereum virtual machine. It’s a contract-oriented and statically typed language that everyone in the distributed blockchain-based network does not commonly know. Brief Explanation of Solidity The purpose of this converting contracts into a different or high-level language is […]

what is secure hash algorithm?-Definition of all finance terms

What is SHA (Secure Hash Algorithm)?

Definition of SHA (Secure Hash Algorithm) SHA stands for the secure hash algorithm. It is one hash function of the cryptographic world that is working on all digitized data by algorithm operations. It was introduced by NSA (national security agency) in the USA. SHA is a novel hash function that consists of a number of different bits. […]

What is softfork?

Definition of softfork A softfork is a variation or change in protocols on the blockchain-based network by the instructions or approval of old blocks or protocols that the new one is valid or not in a bitcoin blockchain-based application system. Brief Explanation of softfork The validity of a new block depends on the decision of a […]

What is Stream ciphers?

Definition of Stream Ciphers A stream cipher is a method in which all the encrypted data or content has been combined with a binary digit or a key stream. This method is not commonly used in cryptography; the best alternative to stream ciphers is a block cipher. Brief Explanation of Stream Ciphers It is commonly […]

What is State Channel?

Definition A State channel is one of the information systems of the state in wireless communication, which have the properties of a communication link. It makes it possible to provide the information through a network to a blockchain. Therefore, it is considered as one of a wideStar approaches for the collaboration of blockchain. Brief Explanation […]

What is Savings ?

Definition of Savings Savings is the amount remaining over when the cost of a person’s consumer expenditure is subtracted from the amount of disposable earnings he generates in a given time frame. Brief Explanation of Savings Financially prudent people can leave with a positive balance after meeting individual costs. For those who tend to rely on credit […]

What is Sales charge ?

Definition of Sales charge A sales charge is a commission compensated by a trader on his/her savings in a mutual fund. Brief Explanation of Sales charge A large number of resources bring sales charges. The amount of a revenue cost represents the difference between the amount per discussion compensated by the trader and the net asset […]

What is Sale price ?

Definition A sale price is an amount a trader pays for a good financial commitment, and the price becomes the investor’s price basis for the calculation of a profit or loss when the investment is sold out. Brief Explanation of Sale price In IRS Form 1040, Schedule D, investors report the sale price of a good […]

What is S & P 500 stocks?

Definition of S & P 500 stocks (Standard & Poor’s Composite Index of 500 stocks) S & P 500 stocks is a catalog of 500 shares seen as a top signal of U.S. stocks and a representation of the efficiency of the large-cap universe, created up of organizations chosen by economic experts. Brief Explanation The […]