Tag: M

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 ...

February 03, 2020

Backlog

What is Backlog in finance? This is usually a list of work that needs to be completed. While this definition is a general one, in accounting and business, Backlog might mean that the company is y...

February 03, 2020

Backdoor Roth IRA

The backdoor Roth IRA is an indirect loophole that allows high-income earners to contribute to the Roth IRA. Although, the government-sanctioned contribution to the Roth IRA through a backdoor, if you...

February 03, 2020

Baby Boomers

This is a term used to describe people who were born between 1946 and 1964. The baby boomer category represents a large portion of the world population and has a significant impact on the world econom...

February 03, 2020

Baby Bond

These are income fixed securities available that are usually sold for smaller dollar rates typically for $500 or less. Baby bond is very popular among average investors as a result of its small invest...

February 03, 2020

Acceptable Quality Level (AQL)

Acceptable Quality Level (AQL)  The Acceptable Quality Level (AQL) is an industrial metric that determines the quality level of a good product or service that is the least tolerable. The accep...