Tag: Bac

June 19, 2020

What is a Credit Union?

A credit union is similar to a bank, however, the only difference between a credit union and a bank is that credit unions are established solely for the benefits of their members and not for profit-ma...

February 06, 2020

Backwardation

Backwardation is a term conversant with commodity trading in the futures market, closely associated with this term is ‘contango’. They are both terms used to define the futures price of a commodit...

February 06, 2020

Backward Integration

What is Backward Integration?“Backward integration refers to the process in which a company purchases or internally produces segments of its supply chain.”Backward integration can be simply d...

February 06, 2020

Backup Withholding (BWH)

What is Backup Withholding (BWH)?It is expected of every taxpayer with certain kinds of income payments to report these payments on an information return (federal income tax return). The income paymen...