What is a 'Back-End Load' A back-end load is a fee (sales charge or load) that investors pay when selling mutual fund...
What are 'Back-To-Back Letters Of Credit' Back-to-back letters of credit consist of two letters of credit (LCs) used together to finance a...
What is bail bond and why do people need it
Bail bonds are a type of surety bond that is posted on behalf of a...
What are 'Balance Sheet Reserves' Balance sheet reserves refer to the amount expressed as a liability on the insurance company's balance sheet...
What is 'Back Months' The available futures contracts for a particular commodity that possess expirations or delivery dates furthest into the future....
What is bad debt and how does it affect your credit score
Most people are familiar with the term "bad debt." Generally, bad debt is...
What is 'Bailment' The contractual transfer of possession of assets or property for a specific objective. In bailment, the deliverer of the...
A backspread is a type of options spread in which the trader holds more long positions than short positions. This strategy can be used...
What is 'Back-to-Back Commitment' A commitment to make a second take-out loan that piggybacks another loan. With a back-to-back commitment, once the...
What is the Balance of Payments (BOP)?
The balance of payments (BOP) is an accounting record of all monetary transactions between a country and the...