Tag: bank

What is 'Bailout Bond' A debt security issued by the Resolution Funding Corporation to bail out the savings and loan associations during...

What is 'Bad Check' A check drawn on a nonexistent account or on an account with insufficient funds to honor the check...

What is 'Bad Debt Reserve' An account set aside by a company to account for and offset losses that arise as a...

What is 'Baidu' The dominant Chinese internet search engine company. Baidu offers many of the same products and services as Google, but...

What is bail bond and why do people need it Bail bonds are a type of surety bond that is posted on behalf of a...

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...

What is a 'Bailout' A bailout is a situation in which a business, an individual or a government offers money to a...

DefinitionA basis point is one hundredth of a percent or equivalently one ten thousandth. The related concept of a permyriad is literally one part...

What is 'Canada Premium Bond - CPB' A debt instrument issued by the Bank of Canada that offers a higher interest rate...

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