Tag: office

Savior Plan

What is 'Savior Plan' When management and employees borrow money to invest in their failing company in an attempt to save it....

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...

Cancel Former Order (CFO)

What is 'Cancel Former Order - CFO' An order from an investor to a broker, to cancel a previously placed order that...

Cabinet Crowd

What is 'Cabinet Crowd' Members of the NYSE who typically trade in inactive bonds. The cabinet crowd is made up of a...

National Bank

What is a 'National Bank' A national bank, in the United States, is a commercial bank chartered by the comptroller of the...

Quasi-Public Corporation

What is a 'Quasi-Public Corporation' A type of corporation in the private sector that is backed by a branch of government that...

Federal Communications Commission (FCC)

DefinitionThe Federal Communications Commission is an independent agency of the United States government created by statute to regulate interstate communications by radio, television, wire,...

Federal Home Loan Bank Act

DefinitionThe Federal Home Loan Bank Act, is a United States federal law passed under President Herbert Hoover in order to lower the cost of...
Federal Home Loan Bank System

Federal Home Loan Bank System (FHLB)

What is the Federal Home Loan Bank System (FHLB)? The Federal Home Loan Bank System is a network of 12 regional banks that provide financial...

Federal Agencies

What is 'Federal Agencies' Special government organizations set up for a specific purpose such as the management of resources, financial oversight of...

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