Special sauce
We can thank McDonald's for this one. It's used to refer to anything proprietary. |
Similar financial terms
SpecialistOn an exchange, the member firm that is designated as the market maker (or dealer for a listed common stock). Only one specialist can be designated for a given stock, but dealers may be specialists for several stocks. In contrast, there can be multiple market makers in the OTC market.
Special drawing rights (SDR)
A form of international reserve assets, created by the IMF in 1967, whose value is based on a portfolio of widely used currencies.
Special dividend
Also referred to as an extra dividend. Dividend that is unlikely to be repeated.
Specialty fund
A mutual fund that concentrates its investments on a specific industrial or economic sector or a defined geographical area.
Specialist System
A type of trading commonly used for the exchange trading of securities in which one individual or firm acts as a market-maker in a particular security, with the obligation to see that trading in that security is fair and orderly by offsetting temporary imbalances in supply and demand by trading for his own account.
