SAINT HELENA POUND
SHP is the abbreviation for the currency in Saint Helena and Ascension Island that is the St. Helena Pound. For each Saint Helena Pound, there is 100 pence. The currency is, more often than not, represented with a ‘£’ sign. Saint Helena and Ascension Island are part of the British overseas territories.
POPULAR TERMS
Affirmative Covenant
A kind of contract or promise that requires a party to conduct some action. For example, a bond covenant which provides that the issuer must delive ...
Pure Risk
A risk where loss is the only potential outcome; there is no positive result. A pure risk is related to events that are out of control of the risk- ...
Efficiency
Performance level describing a process which uses the lowest amount of inputs to come up with the greatest amount of inputs. It is relative to usin ...
Tax Free
Goods and/or financial products that are not taxable. Having the tax free status allows an entity to save money and encourages additional spending ...
Reprice
A situation that is most often allowed for company executives or high-level employees. It permits them to trade in their options that out of the mo ...
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