Tag: corporate
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...
Bailor
DefinitionBailment describes a legal relationship in common law where physical possession of personal property, or a chattel, is transferred from one person to another...
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...
Back-Of-The-Envelope Calculation
What is 'Back-Of-The-Envelope Calculation' An informal mathematical computation, often performed on a scrap of paper such as an envelope. A back-of-the-envelope calculation...
Beta
Beta (beta coefficient or β) is a finance term that represents risk of a financial instrument. In simple terms, it is a numerical value...
Backflip Takeover
What is 'Backflip Takeover' An uncommon type of takeover in which the acquirer becomes a subsidiary of the acquired or targeted company,...
Canada Premium Bond (CPB)
What is 'Canada Premium Bond - CPB' A debt instrument issued by the Bank of Canada that offers a higher interest rate...
Cancellation Provision Clause
What is 'Cancellation Provision Clause' It is a provision in an insurance policy that permits an insurer or an insurance company to...
Canadian Income Trust
What is 'Canadian Income Trust' A type of corporate structure as designated by the Canada Revenue Agency that operates as a profit-seeking...
Back Month Contract
What is 'Back Month Contract' A type of futures contract that expires in any month past the front month futures contract. The...