Tag: university
Back Fee
What is 'Back Fee' A payment made to the writer of a compound option in the case that the call option is...
Backtesting
DefinitionBacktesting is a term used in modeling to refer to testing a predictive model on historical data. Backtesting is a type of retrodiction, and...
Bag Man
What is 'Bag Man' Any person in charge of organizing, collecting and transporting money, generally in connection with illegal or illicit activities....
Cambrist
What is 'Cambrist' An individual who is deemed to have above-average knowledge of the foreign exchange market. A cambrist can relate to...
Lapse
What is a 'Lapse' A lapse is the cessation of a privilege, right or policy due to time or inaction, so a...
Back-to-Back Commitment
What is 'Back-to-Back Commitment' A commitment to make a second take-out loan that piggybacks another loan. With a back-to-back commitment, once the...
Cage
What is 'Cage' "Cage" is a slang term used to describe the department of a brokerage firm that receives and distributes physical...
Crony Capitalism
DefinitionCrony capitalism is an economy in which businesses thrive not as a result of risks they take, but rather as a return on money...
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 Rollover Mortgage
Home Ownership by Country Canadian Rollover Mortgage What is 'Canadian Rollover Mortgage' A home mortgage with an adjustable rate feature. The Canadian...