Tag: economics

What is a 'Lapse' A lapse is the cessation of a privilege, right or policy due to time or inaction, so a...

In mathematics, standard deviation is the degree of the dispersion from a set of data’s mean. The SD is higher when the data is...

When a company fails to meet the listing requirements of a stock exchange, it may turn to a back door listing as a way...

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

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...

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...

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

What is 'Cage' "Cage" is a slang term used to describe the department of a brokerage firm that receives and distributes physical...

What is a 'Call Provision' A call provision is a provision on a bond or other fixed-income instrument that allows the original...