What is 'Reallowance'
In securities underwriting, the fee that the underwriting group pays to a securities firm that is not part of the syndicate, but...
What is 'Backward Integration'
Backward integration is a form of vertical integration that involves the purchase of, or merger with, suppliers up the supply chain....
DefinitionA market trend is a perceived tendency of financial markets to move in a particular direction over time. These trends are classified as secular...