Tag: years

Salvage value

Salvage Value

What is a 'Salvage Value' Salvage value is the estimated value that the owner is paid when the item is sold at the end of...

Satellite Operation

Satellite Operation What is 'Satellite Operation ' A small office in a different location from a company or government agency's main...

Sale Of Crown Jewels

What is 'Sale Of Crown Jewels ' A takeover-defense tactic that involves the sale of the target company's prized and most coveted assets - the...

Samurai Bond

DefinitionA samurai bond is a yen-denominated bond issued in Tokyo by non-Japanese companies, and is subject to Japanese regulations. These bonds provide the issuer...

Bad Debt Recovery

What is a 'Bad Debt Recovery' A bad debt recovery is business debt from a loan, credit line or accounts receivable that...

Bear Market

A bear market refers to a market in which the prices of securities take a dip resulting in significant losses. It is quite difficult...

Back-to-Back Loan

DefinitionA Back-to-back loan is a loan agreement between entities in two countries in which the currencies remain separate but the maturity dates remain fixed....

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...

Bait Record

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

Back Taxes

DefinitionBack taxes is a term for taxes that were not completely paid when due. Typically, these are taxes that are owed from a prior...