A B C D E F G H I J K L M N O P Q R S T U V W Y Z
Sa Sc Se Sh Si Sl Sm So Sp St Su Sw
Soc Sof Sog Sov

Software licence contract.

Under this contract the owner of the exploitation rights on a computer programme (Licensor), authorises a third party (Licensee) to use same, in return for a price. The main characteristic is that the Licensor continues to retain ownership of the…

Read More

Sogo Shosha

In Japan, this term means “general trading company,” Unlike typical Western trading companies and Japan’s some 9,000 other trading companies, the sogo shoshas are distinguished by their international networks, their trade of numerous commodities, and their large market shares. For…

Read More

Sovereign default

The failure or refusal of a government to pay back its debt in full. It may be accompanied by a formal declaration of a government not to pay (repudiation) or only partially pay its debts (due receivables), or the de facto cessation of…

Read More

Sovereign risk

The risk to a lendor that the government of a sovereign state may default on its financial obligations.

Read More