Thursday, March 18, 2010 Register ∴ Login 
FinancialExams.com
  Search Site
Home Home
0-9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Records Per Page:

B
Fifth letter of a Nasdaq stock descriptor specifyingthat issue is the Class B shares of the company.
B2B
An Internet strategy of dealing directlywith businesses, rather than consumers, i.e. business to (2) business.
BA
The ISO 3166 country code forBOSNIA AND HERZEGOVINA.
Baby bond
A bond with a parvalue of less than $1000.
Back away
In the context of general equities, to withdraw from a previously declaredinterest, indication, or transaction ; broker-dealer's failure, as a market maker in a given security, to make good on a bid /offer for the minimum quantity.
Back fee
The fee paid on the extension date ifthe buyer wishes to continue the option.
Back months
In the context of futures and options trading, refers to the months of contracts with expiration_date farthest away. See far_month.
Back office
Brokerage house clerical operations that support, but do not include, the trading of stocks and other securities. All written confirmation and settlement of trades, record keeping, and regulatory compliance happen in the backoffice.
Back on the shelf
In the context of general equities, permanently canceled order /interest in a stock by a customer. See: Take a powder.
Back taxes
Due taxes that have not been paid on time.
Back up
(1) When bond yields rise and prices fall, the market is said toback up. (2) An investor who swaps out of one security into anotherof shorter current maturity is saidto back up.
Back up the truck
In the context of general equities, "Prepare for a very large buyer."
Backdating
In the context of mutual funds, a featureallowing fundholders to use an earlier date on a letter of intent to invest in a mutualfund in exchange for a reduced salescharge, e.g. Giving retroactive value to purchases from the earlier date.
Backed in
In the context of general equities, to describe the result of unanticipatedevents that allow for a purchase at a discount or a sale at a premium.
Back-end load fund
A mutual fund that charges investors a fee to sell (redeem) shares, often ranging from 4% to 6%. Some back-end load funds impose afull commission if the shares are redeemed within a designated length of time, such as one year.The commission decreases, the longer the investor holds the shares. The formal name for theback-end load is the contingentdeferred sales charge, or CDSC
Back-testing
Creating a hypothetical portfolio performancehistory by applying current asset selection criteria to prior time periods.
Back-to-back financing
An intercompany loan channeledthrough a bank.
Back-to-back loan
A loan in which two companies in separate countries borrow each other's currency for a specific time period and repay the other's currency at anagreed-upon maturity.
Backup line
A commercial paper issuer's bank line of credit covering maturing notes if,for some reason, selling new notes to cover the maturing notes is not possible.
Backup Line of Credit
A bank assurance of funds obtained by an issuer of commercial paper to protect the CP investor from default. The issuer pays a commitment fee to the bank.
Backwardation
A market condition in which futures prices are lower in the distant delivery months than in the nearest delivery month. This may occur when the costs of storing the product until eventual delivery are effectivelysubtracted from the price today. The opposite of contango.
Bad debt
A debt that is written off and deemed uncollectible.
Bad delivery
Antithesis of good delivery.
Bad title
Title to property that does not distinctly confer ownership, usually in thecontext of real estate.
Bai-kai
Two-sided market picture, in Japanese terminology applies mainly to international equities.
Page 1 of 17First   Previous   [1]  2  3  4  5  6  7  8  9  10  Next   Last   

ExamSaver Exam Saver CFA,Chartered Financial Analyst CFA Exam CFA Exams Online Exam CFA level 1 CFA Institute 

Tour ∴ Dr Harvey ∴ 2005 White Paper ∴ 2006 White Paper ∴ Guarantee ∴ Downloads
  Copyright © 1998 - 2008 by FinancialExams™ USA, All Rights Reserved
  		   Privacy Statement  Terms Of Use  
CFA Institute does not endorse or warrant the accuracy or quality of the products or services offered by FinancialExams.com™. CFA Institute®, CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute.