Tag: covid

What is a 'Safe Haven' A safe haven is an investment that is expected to retain its value or even increase its...

What is 'Savior Plan' When management and employees borrow money to invest in their failing company in an attempt to save it....

What is a salary reduction contribution A salary reduction contribution is an arrangement between an employer and an employee whereby the employee agrees to have...

What is 'Salary Freeze' The action of a company suspending salary increases for a period of time. By freezing salary increases for...

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....

What is 'Bait Record' An internal control used in accounting to detect fraud and improper usage. Bait records are planted in computerized...

What is 'Backorder' An order for a good or service that cannot be filled at the current time due to a lack...

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

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 'Cancellation Provision Clause' It is a provision in an insurance policy that permits an insurer or an insurance company to...