Macroeconomic Factor
What is a Macroeconomic Factor A macroeconomic factor is a broad concept used in economics to describe anything that could affect the economy as a whole. This could include factors like interest rates, inflation, unemployment, and GDP growth. More generally, macroeconomic factors can be seen as any key drivers of economic activity. For businesses and investors, it is important to...
Backstop Purchaser
What is 'Backstop Purchaser' An entity that agrees to purchase all the remaining, unsubscribed securities from a rights offering. The backstop purchaser provides security to the issuing firm by guaranteeing that all of the newly issued shares will be purchased, allowing the company to fulfill its fundraising requirements. Explaining 'Backstop Purchaser' Just as a...
Balance Protection
Balance Protection What is 'Balance Protection ' The optional coverage on an existing credit card account. Typically, the fee for the balance protection is a specified percentage of the balance on the card and is added as a fee to the monthly statement. The balance protection coverage is offered to cover minimum monthly payments (and in...
Bad Debt Recovery
What is a 'Bad Debt Recovery' A bad debt recovery is business debt from a loan, credit line or accounts receivable that is recovered either in whole or in part after it has been written off or classified as a bad debt. Because it generally generates a loss when it is written off, a bad debt recovery...
Bahrain Stock Exchange (BSE)
What is 'Bahrain Stock Exchange - BSE' The stock exchange headquartered in Manama, Bahrain. Bahrain Stock Exchange was established in 1987, but did not begin operating until 1989. The exchange trades both equities and indexes along with derivative instruments on those securities. Explaining 'Bahrain Stock Exchange - BSE' The Bahrain Stock Exchange (BSE) officially...
Badwill
What is 'Badwill' The negative effect felt by a company when shareholders and the investment community find out that is has done something that is not in accordance with good business practices. Although typically not expressed in a dollar amount, badwill can play out in the form of decreased revenue, loss of clients or suppliers, loss of...
Black Swan
Black Swan Events or happenings can be best described as unforeseen, rare, and out of control from normal circumstances, which occur beyond expectations and have immense effect that can even reach catastrophic levels. A black swan event can be broken down to 3 of its most prominent components, such as: It has to be an outlier. This means a...
Backlog
What is a 'Backlog' A backlog is a buildup of work that needs to be completed. The term "backlog" has a number of uses in finance; it may refer to a company's sales orders waiting to be filled or a stack of financial paperwork that needs to be processed, such as loan applications. When a public company...
Bait And Switch
DefinitionBait-and-switch is a form of fraud used in retail sales, but also employed in other contexts. Bait And Switch What is 'Bait And Switch' A dishonest marketing tactic in which a marketer advertises a very attractive price/rate/term that is really a teaser rate meant to attract customers. Once the customer comes into the store/office to inquire about...
Bad Credit
DefinitionBad Credit was a comedy hip hop duo based out of San Diego, California which lasted from 2002 to 2008, fronted by musicians and comedians Matthew Gorney and Dallas McLaughlin. Bad Credit What is a 'Bad Credit' Bad credit describes an individual's credit history when it indicates that the borrower has a high credit risk. A low...