Tag: month
Bait Record
What is 'Bait Record' An internal control used in accounting to detect fraud and improper usage. Bait records are planted in computerized...
Basis Point
DefinitionA basis point is one hundredth of a percent or equivalently one ten thousandth. The related concept of a permyriad is literally one part...
Back Month Contract
What is 'Back Month Contract' A type of futures contract that expires in any month past the front month futures contract. The...
Back Months
What is 'Back Months' The available futures contracts for a particular commodity that possess expirations or delivery dates furthest into the future....
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...
Calendar Spread
DefinitionIn finance, a calendar spread is a spread trade involving the simultaneous purchase of futures or options expiring on a particular date and the...
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 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...
Cashflow
Source: WikipediaLast Sourced: 2021-02-01This Article has been Edited for AccessibilityCash flow analysis Cash flows are often transformed into measures that give information e.g. on...
Calendar Year Experience
What is 'Calendar Year Experience' The underwriting result based on earned premiums and booked incurred losses for the same calendar-year accounting period....