Backflush Costing
What is 'Backflush Costing' Backflush costing is a product costing system generally used in a just-in-time inventory environment. Backflush costing delays the...
Back-End Load
What is a 'Back-End Load' A back-end load is a fee (sales charge or load) that investors pay when selling mutual fund...
Back-To-Back Letters Of Credit
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...
Balance Sheet Reserves
What are 'Balance Sheet Reserves' Balance sheet reserves refer to the amount expressed as a liability on the insurance company's balance sheet...
Back Months
What is 'Back Months' The available futures contracts for a particular commodity that possess expirations or delivery dates furthest into the future....
Backspread
A backspread is a type of options spread in which the trader holds more long positions than short positions. This strategy can be used...
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...