Accounting terms from the word ‘S’ 1. safety stock
An additional quantity of items held in inventory in order to minimize the chance of an item being out of stock.
Salary
The compensation usually associated with executives, managers, professionals, office employees, etc. whose pay is stated on an annual or on a monthly basis. (On the other hand, "wages" is usually associated with employees whose pay is stated on an hourly basis.)

Sales
A revenue account that reports the sales of merchandise. Sales are reported in the accounting period in which title to the merchandise was transferred from the seller to the buyer.

Secured creditor
A lender such as a bank who has placed a lien on a borrower's assets. As a result, the lender has collateral until the loan amount is repaid.

Subsidiary ledger
A record of the details to support a general ledger account. The general ledger account is often referred to as the control account. For example, the accounts receivable subsidiary ledger provides the details to support the balance in the general ledger control account Accounts Receivable.

Simple regression
Regression analysis with only one independent variable.

Social Security taxes
One component of the payroll tax referred to as FICA. (The other component of the FICA tax is the Medicare tax.) The Social Security tax is levied by the U.S. government on both the employee and the employer. In 2012 the Social Security portion of FICA (excluding Medicare) to be withheld from the first $110,100 of each employee's annual salary or wages is 4.2%. In addition, the employer incurs Social Security expense of 6.2% and as a result must remit 10.4% of the first $110,100 of each employee's salary or wages. (Medicare taxes are an additional 1.45% for both the employee and the employer on every dollar of salary and wages.)

Surrender value
The amount of cash that could