KembaraXtra- Financial Terms- Aw-Shucks Defence
KembaraXtra- Financial Terms- Aw-Shucks Defence The aw-shucks defence is a legal argument used by senior executives who claim they were unaware of fraudulent, illegal, or improper activities occurring within their organizations. The defence attempts to d
KembaraXtra- Financial Terms- Baby Bonds
KembaraXtra- Financial Terms- Baby Bonds Baby bonds are bonds issued in relatively small denominations, making them more accessible to individual investors. In the United States, the term traditionally refers to government or municipal bonds issued in de
KembaraXtra- Financial Terms- Backdate
KembaraXtra- Financial Terms- Backdate Backdate refers to the practice of assigning an earlier date to a document than the date on which it was actually created or finalized. This is often done to make the document effective from a previous date. Backdat
KembaraXtra- Financial Terms- Automated Teller Machine (ATM)
KembaraXtra- Financial Terms- Automated Teller Machine (ATM) An Automated Teller Machine, commonly known as an ATM, is a computerized banking device that allows customers to perform various financial transactions without visiting a bank counter. These ma
KembaraXtra- Financial Terms- Back Door
KembaraXtra- Financial Terms- Back Door Back door refers to a method used by the Bank of England to inject liquidity into the money market. Under this approach, the central bank purchases Treasury bills at market rates rather than lending funds directly
KembaraXtra- Financial Terms- Back-Office Crunch
KembaraXtra- Financial Terms- Back-Office Crunch A back-office crunch occurs when the administrative and operational departments of a financial institution become overwhelmed by a high volume of business activity. The back office is responsible for proce
KembaraXtra- Financial Terms- Back Office
KembaraXtra- Financial Terms- Back Office A back office is the section of a financial institution responsible for administrative, operational, and regulatory-support functions rather than direct trading activities. It handles tasks that ensure transactio
KembaraXtra- Financial Terms- Backing Away
KembaraXtra- Financial Terms- Backing Away Backing away refers to the failure of a market maker to honour a quoted bid or offer for the minimum quantity specified. In financial markets, market makers are expected to stand behind the prices they quote. Wh
KembaraXtra- Financial Terms- Back Month
KembaraXtra- Financial Terms- Back Month Back month refers to the futures-contract month with the most distant expiry date available for trading on an exchange. It is the furthest contract in time among the listed maturities for a particular underlying a
KembaraXtra- Financial Terms- Back-End Load
KembaraXtra- Financial Terms- Back-End Load A back-end load is a fee charged by a mutual fund or investment trust when an investor sells or redeems shares in the fund. Unlike a front-end load, which is paid when investments are purchased, a back-end load