Tag: high
Backup Line
What is 'Backup Line' A line of credit used by a bank to cover any issue of commercial paper for which financing...
Bait Record
What is 'Bait Record' An internal control used in accounting to detect fraud and improper usage. Bait records are planted in computerized...
Bull Market
DefinitionA market trend is a perceived tendency of financial markets to move in a particular direction over time. These trends are classified as secular...
Call Price
What is a 'Call Price' A call price is the price at which a bond or a preferred stock can be redeemed...
Bad Debt
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...
Canceled Check
What is a 'Canceled Check' A canceled check is a check that has cleared the depositor's account and has been marked "canceled"...
Calendar Effect
DefinitionA calendar effect is any market anomaly or economic effect which appears to be related to the calendar. Such effects include the apparently different...
Canadian Royalty Trust (CANROY)
What is a Canadian Royalty Trust (CANROY)?
A Canadian Royalty Trust (CANROY) is a type of investment that allows investors to receive income from natural...
Calendar Year
DefinitionGenerally speaking, a calendar year begins on the New Year's Day of the given calendar system and ends on the day before the following...
Correction
Corrections are price declines that are temporary, and interrupt the uptrend of an asset in the market. A correction can work as a precursor...