Tag: L

February 07, 2020

What is a Bail Bond in finance?

What is a Bail Bond?A bail bond is a type of surety bond which is signed by a defendant as an agreement to pay a sum of money as ordered by the court or appear in court for trial. It is cosigned by a ...

February 07, 2020

Bag Holder

What is Bag Holder?A bag holder is a term used to refer to investors or individuals who are stuck with something that is completely worthless or almost worthless. Such a person is said to be left “h...

February 07, 2020

Bad Debt Expense

A business is always at risk so many times, one of these risks is offering goods and services on credit to customers who may likely fail to pay up. It’s a personal choice for a business to write off...

February 07, 2020

When will Lyft report its earnings?

According to Nasdaq, Ridesharing company Lyft Inc (LYFT) will report its earnings after hours on February 11, 2020. The report will be for the fiscal quarter ending Dec 2010, and 5 analysts' foreca...

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...

February 05, 2020

Bad Credit

What is a Bad Credit? Bad credit is a historical bad report on a person's debt payment. The record states the person's inability to pay his or her debt when it was expected and the likelihood tha...

February 05, 2020

Back To Back Letter Of Credit

What is Back To Back Letter Of Credit?A back to back letter of credit is made of two letters of credit (LCs) used together to finance a business transaction. The two LCs are opened in favor of th...

February 05, 2020

Backstop

What is a Backstop in finance? This is an insurance policy formed during the UK-EU Brexit negotiation and agreement. It is among the draft of withdrawal written during the time of Theresa May's g...

February 04, 2020

Backorder

What is Backorder? Backorder is a situation whereby customers are allowed to purchase unavailable stocks. Simply put backorder means more orders than the available stock. In a backorder,  a ...