Tag: trade

What is 'Backward Integration' Backward integration is a form of vertical integration that involves the purchase of, or merger with, suppliers up the supply chain....

What is 'Bait Record' An internal control used in accounting to detect fraud and improper usage. Bait records are planted in computerized...

Blockchain Blockchain is a public ledger that contains all the transaction done in Bitcoin that have been executed till date. Since there are...

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...

What is 'Balance Of Trade - BOT' The balance of trade (BOT) is the difference between a country's imports and its exports...

What is a 'Call Market' A call market is a type of market in which each transaction takes place at predetermined intervals...

DefinitionContango is a situation where the futures price of a commodity is higher than the anticipated spot price at maturity of the futures contract....

What is the Balance of Payments (BOP)? The balance of payments (BOP) is an accounting record of all monetary transactions between a country and the...

A backspread is a type of options spread in which the trader holds more long positions than short positions. This strategy can be used...

What is 'Back Months' The available futures contracts for a particular commodity that possess expirations or delivery dates furthest into the future....