Tag: banking

DefinitionSalomon Brothers was an investment bank founded in 1910 by three Jewish-American brothers along with a clerk named Ben Levy, it remained a partnership...

What is 'Backstop Purchaser' An entity that agrees to purchase all the remaining, unsubscribed securities from a rights offering. The backstop purchaser...

DefinitionThe Sandwich Generation is a generation of people who care for their aging parents while supporting their own children. Sandwich Generation What is...

Source: WikipediaLast Sourced: 2021-02-01This Article has been Edited for Accessibility Further Reading NAV discount in REITs: the role of expert assessors - www.tandfonline.com...

Blockchain Blockchain is a public ledger that contains all the transaction done in Bitcoin that have been executed till date. Since there are...

DefinitionA back office in most corporations is where tasks building layout of early companies where the front office would contain the sales and other...

What is a 'Back Stop' A back stop is the act of providing last-resort support or security in a securities offering for...

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 back up and what does it mean for the securities market A back up is a slang term for the movement in...

What is 'Bad Paper' Unsecured short-term fixed income instrument that is issued either by a corporation, city, state or country, that has...