Tag: definition

Back Month Contract

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

Balance Of Payments (BOP)

What is the Balance of Payments (BOP)? The balance of payments (BOP) is an accounting record of all monetary transactions between a country and the...

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...
Backspread

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...

Bailment

What is 'Bailment' The contractual transfer of possession of assets or property for a specific objective. In bailment, the deliverer of the...
bad debt

Bad Debt

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...

Canada Premium Bond (CPB)

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

Cancellation Provision Clause

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

Call Price

What is a 'Call Price' A call price is the price at which a bond or a preferred stock can be redeemed...

Cambrist

What is 'Cambrist' An individual who is deemed to have above-average knowledge of the foreign exchange market. A cambrist can relate to...

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