SECTION 404

That section of the Clean Water Act delineating restrictions on dredging and filling of wetlands, and disruption of beds and banks of streams.

SECTORAL SCOPE

The category of GHG source sectors or groups of activities that apply to CDM project activities or PoAs. It is based on the sectors and source categories set out in Annex A to the Kyoto Protocol. A CDM project activity or PoA may fall within more than one sectoral scope.

SECURED OVERNIGHT FINANCING RATE (SOFR)

Originally known as the broad Treasuries financing rate, the secured overnight financing rate is a measure of the cost of borrowing cash on an overnight basis in the US Treasury repo markets. It is the US successor to Libor. The rate includes the tri-party general collateral rate collected by the Bank of New York Mellon, […]

SECURED PARTY

With respect to an Asset, an Account Holder with a security interest in the Asset pursuant to a written agreement between such Account Holder and the Asset Owner. The Secured Party is designated on the Capturiant Registry as the Controller of the Asset if a security interest has been granted by the Owner with respect […]

SECURITIES FINANCING TRANSACTIONS REGULATION (SFTR)

The Securities Financing Transactions Regulation sets out transparency requirements for firms engaging in securities financing and lending transactions, including repurchase agreements, in the European Economic Area. The European Union passed the SFTR following work by the Financial Stability Board on creating a framework for overseeing shadow banking activity. The regulation requires firms to report securities […]

SECURITIES LENDING

Securities lending is a type of securities financing transaction in which a security such as a bond or stock is loaned to a borrower, who puts up collateral and pays a fee. Securities lending may be used to transform low-quality assets into higher-quality collateral that is eligible for use in other transactions. A security, such […]

SECURITY

Security is an asset held as a guarantee of payment of loan. On a home mortgage the security is usually the property itself.

SEDIMENT

Topsoil, sand, and minerals washed from the land into water, usually after rain or snow melt.

SEDIMENT GUIDELINE

Threshold concentration above which there is a high probability of adverse effects on aquatic life from sediment contamination, determined using modified U.S. Environmental Protection Agency USEPA (1996) procedures.

SEDIMENT LOAD

Total sediment, including bedload, being moved by flowing water in a stream at a specified cross section.