Tag: bank
Back Stop
What is a 'Back Stop' A back stop is the act of providing last-resort support or security in a securities offering for...
Bailout Bond
What is 'Bailout Bond' A debt security issued by the Resolution Funding Corporation to bail out the savings and loan associations during...
Bad Check
What is 'Bad Check' A check drawn on a nonexistent account or on an account with insufficient funds to honor the check...
Bad Debt Reserve
What is 'Bad Debt Reserve' An account set aside by a company to account for and offset losses that arise as a...
Bail Bond
What is bail bond and why do people need it
Bail bonds are a type of surety bond that is posted on behalf of a...
Back-To-Back Letters Of Credit
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...
Bailout
What is a 'Bailout' A bailout is a situation in which a business, an individual or a government offers money to a...
Basis Point
DefinitionA basis point is one hundredth of a percent or equivalently one ten thousandth. The related concept of a permyriad is literally one part...
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...
Bad Debt
What is bad debt and how does it affect your credit score
Most people are familiar with the term "bad debt." Generally, bad debt is...