Back Stop
What is a 'Back Stop' A back stop is the act of providing last-resort support or security in a securities offering for the unsubscribed portion of shares. A company tries to raise capital through an issuance, and to guarantee the amount received through the issue, it gets a back stop from an underwriter or major shareholder to...
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 customer-facing staff and the back office would be those manufacturing or developing the products or those involved in administration without being seen by customers. Although the operations of a back office are seldom prominent, they...
Backup Line
What is 'Backup Line' A line of credit used by a bank to cover any issue of commercial paper for which financing from new paper may not be available. A backup line of credit effectively provides an alternate source of liquidity for the issuer and a source of credit for the purchaser. Backup lines usually take the...
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. The gross interest rates of the loan are separate as well and are set on the basis of the commercial rates in place when the agreement is signed. Back-to-Back Loan What is a 'Back-to-Back...
Baidu
What is 'Baidu' The dominant Chinese internet search engine company. Baidu offers many of the same products and services as Google, but is primarily focused on China, where it controls the majority of the search market. Baidu censors search results and other content in accordance with Chinese regulations. Baidu is registered in the Cayman Islands and is...
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 within a specified amount of time. Bagging the street refers to a situation where an investor or a trader trades the securities shortly following initiation of the trade. Traders who frequently practice bagging the street...
Bailor
DefinitionBailment describes a legal relationship in common law where physical possession of personal property, or a chattel, is transferred from one person to another person who subsequently has possession of the property. It arises when a person gives property to someone else for safekeeping, and is a cause of action independent of contract or tort. Bailor What is...
Blockchain
Blockchain Blockchain is a public ledger that contains all the transaction done in Bitcoin that have been executed till date. Since there are new set of recordings added to it every day, the completed blocks are constantly growing. The blocks are added to the Blockchain in a chronological and linear manner. Every node (a node is a computer...
Bear Market
A bear market refers to a market in which the prices of securities take a dip resulting in significant losses. It is quite difficult to recover from according to investors, and as selling continues, so does their pessimism regarding its future. Even though the figures may differ, if broad market indexes as the Dow Jones Industrial Average suffer a...
Bull Market
DefinitionA market trend is a perceived tendency of financial markets to move in a particular direction over time. These trends are classified as secular for long time frames, primary for medium time frames, and secondary for short time frames. Traders attempt to identify market trends using technical analysis, a framework which characterizes market trends as predictable price tendencies within...