Back-to-Back Commitment

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...

Balance Of Payments (BOP)

balance of payments

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...

Back Month Contract

What is 'Back Month Contract' A type of futures contract that expires in any month past the front month futures contract. The...

Stock Bag Holder

Definition In U.S. financial slang, a bagholder is a shareholder left holding shares of worthless stocks. What is a 'Stock Bag Holder' An informal investing word used...

Back Door Listings

back door listings

When a company fails to meet the listing requirements of a stock exchange, it may turn to a back door listing as a way...

Standard Deviation

In mathematics, standard deviation is the degree of the dispersion from a set of data’s mean. The SD is higher when the data is...

Lapse

What is a 'Lapse' A lapse is the cessation of a privilege, right or policy due to time or inaction, so a...

Canadian Income Trust

What is 'Canadian Income Trust' A type of corporate structure as designated by the Canada Revenue Agency that operates as a profit-seeking...

Contango

DefinitionContango is a situation where the futures price of a commodity is higher than the anticipated spot price at maturity of the futures contract....

Call Date

DefinitionA callable bond is a type of bond that allows the issuer of the bond to retain the privilege of redeeming the bond at...