Tag: service
Rain Check
What is a rain check and how can it be used
A rain check is a document that allows the bearer to purchase an item...
Safekeeping
What is 'Safekeeping' Safekeeping is the storage of assets or other items of value in a protected area. Individuals may...
Saturday Night Special
What is 'Saturday Night Special' An obsolete takeover strategy where one company attempted a takeover of another company by making a sudden...
Salary Reduction Contribution
What is a salary reduction contribution
A salary reduction contribution is an arrangement between an employer and an employee whereby the employee agrees to have...
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...
Back Order
What is a 'Back Order' A back order is a customer order that has not been fulfilled. A back order generally indicates...
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,...
Canary Call
What is 'Canary Call' A step-up bond that cannot be called after completing its first-step period. The issuer of the bond reserves...
Canadian Derivatives Clearing Corporation (CDCC)
What is 'Canadian Derivatives Clearing Corporation - CDCC' The central clearing counterparty for exchange-traded derivative products, such as options and futures, in...
Cancelable Insurance
What is 'Cancelable Insurance' This is insurance that may be canceled, at any time, by the insured party or by the insurance...