Bait Record
What is 'Bait Record' An internal control used in accounting to detect fraud and improper usage. Bait records are planted in computerized...
Backward Integration
What is 'Backward Integration'
Backward integration is a form of vertical integration that involves the purchase of, or merger with, suppliers up the supply chain....
Back Order
What is a 'Back Order' A back order is a customer order that has not been fulfilled. A back order generally indicates...
Back Office
DefinitionA back office in most corporations is where tasks building layout of early companies where the front office would contain the sales and other...
Backup Line
What is 'Backup Line' A line of credit used by a bank to cover any issue of commercial paper for which financing...
Back-to-Back Loan
DefinitionA Back-to-back loan is a loan agreement between entities in two countries in which the currencies remain separate but the maturity dates remain fixed....
Bagging the Street
What is 'Bagging the Street' An investor's failure to avoid trading in the stocks that are part of a block and also...