Tag: economy

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....

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 'Backpricing' A pricing method used in specific futures contracts whereby the price of the commodity to be delivered is priced...

What is 'Bailout Bond' A debt security issued by the Resolution Funding Corporation to bail out the savings and loan associations during...

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

What is "backing up the truck?" Backing up the truck refers to the purchase of a large position in a stock or other financial asset...

What is 'Bad Debt Reserve' An account set aside by a company to account for and offset losses that arise as a...

DefinitionA market trend is a perceived tendency of financial markets to move in a particular direction over time. These trends are classified as secular...

What is balance reporting and why is it important for businesses Balance reporting is the process of creating a financial report that provides an overview...