Tag: finance

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 'Canada Premium Bond - CPB' A debt instrument issued by the Bank of Canada that offers a higher interest rate...

What is bad debt and how does it affect your credit score Most people are familiar with the term "bad debt." Generally, bad debt is...

What is a 'Call Market' A call market is a type of market in which each transaction takes place at predetermined intervals...

What is 'Back Months' The available futures contracts for a particular commodity that possess expirations or delivery dates furthest into the future....

What is 'Cancellation Provision Clause' It is a provision in an insurance policy that permits an insurer or an insurance company to...