- A baby bond is a bond with a par value of less than $1,000.
- “Baby Boomer” refers to the demographically large generation born between the end of World War II and the mid-1960s.
- The back office is the part of the company that consists of administrative and support staff who do not work with clients.
- A backstop is the act of providing extreme assistance or security in an offering of securities to an unsubscribed portion of the shares.
- A back-to-back letter of credit includes two letters of credit to provide financing for one transaction.
- Post-production costing is used by companies that typically have short production cycles, salable products, and low or permanent inventories.
- The term “work in progress” refers to the accumulation of work that has not been completed in a timely manner.
- A pending order is an order for a product or service that cannot be fulfilled immediately due to a lack of supply.
- Backtesting evaluates the viability of a trading strategy or pricing model by discovering how it would perform retrospectively using historical data.
- Reserve withholdings are funds set aside for tax purposes on withdrawn investment income.