Tag: credit

What is 'Backup Line' A line of credit used by a bank to cover any issue of commercial paper for which financing...

What is 'Bad Debt Reserve' An account set aside by a company to account for and offset losses that arise as 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 back up and what does it mean for the securities market A back up is a slang term for the movement in...

What is 'Back Months' The available futures contracts for a particular commodity that possess expirations or delivery dates furthest into the future....

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

A backspread is a type of options spread in which the trader holds more long positions than short positions. This strategy can be used...

What is bad debt and how does it affect your credit score Most people are familiar with the term "bad debt." Generally, bad debt is...

What is 'Calendar Year Accounting Incurred Losses ' Calendar year accounting incurred losses is a term used in the insurance industry to...

What is 'Caisse Populaire' A cooperative, member-owned financial institution that fulfills traditional banking roles as well as diverse activities such as lending,...