Tag: federal

Saber Currency

What is 'Saber Currency' A proposed Brazilian currency that would be handed out by the Ministry of Education to 7-year-olds to be...

Bait And Switch

DefinitionBait-and-switch is a form of fraud used in retail sales, but also employed in other contexts. Bait And Switch What is 'Bait And...

Backstop Purchaser

What is 'Backstop Purchaser' An entity that agrees to purchase all the remaining, unsubscribed securities from a rights offering. The backstop purchaser...

Bagging the Street

What is 'Bagging the Street' An investor's failure to avoid trading in the stocks that are part of a block and also...

Back Stop

What is a 'Back Stop' A back stop is the act of providing last-resort support or security in a securities offering for...

Bait Record

What is 'Bait Record' An internal control used in accounting to detect fraud and improper usage. Bait records are planted in computerized...

Bailout Bond

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

Bad Debt Reserve

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

Bailout

What is a 'Bailout' A bailout is a situation in which a business, an individual or a government offers money to a...

Canadian Income Trust

What is 'Canadian Income Trust' A type of corporate structure as designated by the Canada Revenue Agency that operates as a profit-seeking...

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