Tag: institutions
Safe Harbor
What is 'Safe Harbor' Safe harbor refers to a legal provision to reduce or eliminate liability in certain situations as long as...
Back Office
DefinitionA back office in most corporations is where tasks building layout of early companies where the front office would contain the sales and other...
Bait Record
What is 'Bait Record' An internal control used in accounting to detect fraud and improper usage. Bait records are planted in computerized...
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...
Calendar Year Accounting Incurred Losses
What is 'Calendar Year Accounting Incurred Losses ' Calendar year accounting incurred losses is a term used in the insurance industry to...
Cost basis
DefinitionBasis, as used in United States tax law, is the original cost of property, adjusted for factors such as depreciation. When property is sold,...
Canadian Deposit Insurance Corporation (CDIC)
What is 'Canadian Deposit Insurance Corporation - CDIC ' A crown corporation owned by the Canadian government that insures bank deposits up...
Call On A Call
What is 'Call On A Call' A type of compound option in which the investor has the right to exercise a call...
CDO – Collateralized Debt Obligation
What is CDO (Collateralized Debt Obligation)? Collateralized Debt Obligation or CDO is a financial product that brings together assets that can generate cash flow...
Paris Club
DefinitionThe Paris Club is a group of officials from major creditor countries whose role is to find coordinated and sustainable solutions to the payment...