Tag: economy
Back Up
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...
Bailout
What is a 'Bailout' A bailout is a situation in which a business, an individual or a government offers money to a...
Back Taxes
DefinitionBack taxes is a term for taxes that were not completely paid when due. Typically, these are taxes that are owed from a prior...
Balance Of Trade (BOT)
What is 'Balance Of Trade - BOT' The balance of trade (BOT) is the difference between a country's imports and its exports...
Bad Paper
What is 'Bad Paper' Unsecured short-term fixed income instrument that is issued either by a corporation, city, state or country, that has...
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...
Cambrist
What is 'Cambrist' An individual who is deemed to have above-average knowledge of the foreign exchange market. A cambrist can relate to...
Lapse
What is a 'Lapse' A lapse is the cessation of a privilege, right or policy due to time or inaction, so a...
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...