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macroeconomic factor

Macroeconomic Factor

What is a Macroeconomic Factor A macroeconomic factor is a broad concept used in economics to describe anything that could affect the economy as a...

Stop-Loss Order

A stop loss order is an order that is placed with a broker because a stock has reached a certain price. This is basically...

Savings Rate

What is a 'Savings Rate' A savings rate is the amount of money, expressed as a percentage or ratio, that a person...

Bailor

DefinitionBailment describes a legal relationship in common law where physical possession of personal property, or a chattel, is transferred from one person to another...

Backup Line

What is 'Backup Line' A line of credit used by a bank to cover any issue of commercial paper for which financing...

Baltic Dry Index

DefinitionThe Baltic Dry Index, is issued daily by the London-based Baltic Exchange. The BDI is a composite of the Capesize, Panamax and Supramax Timecharter...

Back-To-Back Letters Of Credit

What are 'Back-To-Back Letters Of Credit' Back-to-back letters of credit consist of two letters of credit (LCs) used together to finance a...

Backwardation

DefinitionNormal backwardation, also sometimes called backwardation, is the market condition wherein the price of a commodities' forward or futures contract is trading below the...

Back-Of-The-Envelope Calculation

What is 'Back-Of-The-Envelope Calculation' An informal mathematical computation, often performed on a scrap of paper such as an envelope. A back-of-the-envelope calculation...

Cambrist

What is 'Cambrist' An individual who is deemed to have above-average knowledge of the foreign exchange market. A cambrist can relate to...

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