Solutionary

DEFINITION of 'Solutionary'

Soluble matter comprised of salts, including gypsum, which is deposited in layers, once the liquid it is held in evaporates. Solutionary material is in the form of crystals that can become rocks and is a general indicator that a lake or body of water was once present. They are common indicators of the presence of some minerals, such as phosphate, which are sold as commodities.

BREAKING DOWN 'Solutionary'

Mining companies search for solutionary and sedimentary rocks, because they are both formed in areas that were historically underneath water. Geologists will take soil samples to determine if there are layers of solutionary rock, with large deposits increasing the odds that phosphate may be present. Phosphate is a commodity used to produce fertilizer.

RELATED TERMS
  1. Buffer Layer

    The difference between the primary limit of insurance and any ...
  2. Revenue Equalization Reserve Fund

    A sovereign wealth fund established on the Pacific island of ...
  3. Produced Water

    Waste water generated during the production of oil and natural ...
  4. Bikini Deductible

    The portion of risk separating the primary layer and the excess ...
  5. Layered Fees

    Two sets of management fees that are paid by an investor for ...
  6. Water ETF

    An exchange-traded fund that invests in companies operating in ...
Related Articles
  1. Markets

    The Top 5 Large-Cap Basic Material Stocks for 2016

    Discover the top five large-cap basic materials stocks expected to grow in 2016, with summaries of each company and the rational of its prospective growth.
  2. Markets

    The 5 Biggest Canadian Mining Companies (POT, AGU)

    Learn about the largest Canadian mining companies by market capitalization, including potash production, gold production and other rare minerals.
  3. Markets

    How Goldman Sachs Transformed Utah Into the 'Wall Street of the West' (GS)

    Learn how Goldman Sachs has built a substantial presence in Salt Lake City. Read about another major financial institution also located in the area.
  4. Markets

    Mining Stocks: Understanding Feasibility

    In this article, we'll look at the feasibility study as it relates to mining stocks and what it is actually telling investors.
  5. ETFs & Mutual Funds

    Water: The Ultimate Commodity

    Opportunities to invest in this scarce resource are flowing freely - dive in!
  6. Managing Wealth

    Risks to Consider When Investing in Water

    Investing in water should be a lock. But water is volatile and could see as many risks as potential rewards.
  7. Markets

    Looking for Cost-Effective Ways to Save Water?

    There are lots of things you can do to save water at home while reducing your ecological footprint at the same time. Here are five simple ways to do it.
  8. Personal Finance

    Where To Put Your Cash: Call Deposit Vs Time Deposit Accounts

    Time deposit accounts and call deposit accounts allow customers to earn higher interest in exchange for less access to their cash.
  9. Markets

    2 Weeks After IPO, Red Rock Resorts Goes Shopping

    Well, that didn't take long. Fresh off its IPO two weeks ago, Red Rock Resorts (NASDAQ: RRR) has announced it is looking to grow bigger by buying the off-Strip Palms Casino Resort for $312.5 ...
  10. Markets

    In Focus: Water Scarcity

    After a discussion, sponsored by CDP, we share the importance of water disclosure as it relates to businesses operating amid increasing water scarcity.
RELATED FAQS
  1. What is the difference between a demand deposit and a term deposit?

    Understand the meaning of demand deposits and term deposits, and learn about the major differences between these two types ... Read Answer >>
  2. What does it mean to be "above water"?

    The term "above water" is used to describe any situation in which the ending or current value of a subject is higher than ... Read Answer >>
  3. For what types of accounts are demand deposits available?

    Learn about the different types of accounts designated as demand deposit accounts, such as savings accounts and money market ... Read Answer >>
  4. What are the Federal Reserve's guidelines on demand deposit accounts?

    Read about some of the Federal Reserve's requirements and guidelines regarding the treatment, safeguarding and processing ... Read Answer >>
  5. What country is the world's largest natural gas producer?

    Learn about the biggest natural gas producers and how the expansion of the fracking technique has increased natural gas production. Read Answer >>
  6. What proportion of my income should I put into my demand deposit account?

    Find out how much money to keep in your liquid demand deposit accounts, such as checking or savings accounts, and discover ... Read Answer >>
Hot Definitions
  1. Quantitative Trading

    Trading strategies based on quantitative analysis which rely on mathematical computations and number crunching to identify ...
  2. Bond Ladder

    A portfolio of fixed-income securities in which each security has a significantly different maturity date. The purpose of ...
  3. Duration

    A measure of the sensitivity of the price (the value of principal) of a fixed-income investment to a change in interest rates. ...
  4. Dove

    An economic policy advisor who promotes monetary policies that involve the maintenance of low interest rates, believing that ...
  5. Cyclical Stock

    An equity security whose price is affected by ups and downs in the overall economy. Cyclical stocks typically relate to companies ...
  6. Front Running

    The unethical practice of a broker trading an equity based on information from the analyst department before his or her clients ...
Trading Center