Davos World Economic Forum – Explained

by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy

What is the Davos World Economic Forum?The Davos World Economic Forum is an annual meeting of the World Economic Forum (WEF) that is held in January at Davos, Switzerland. The forum is a highly rated event that draws attendance from professionals and representatives...

Backlog – Explained

by TheBusinessProfessor | Feb 23, 2025 | Operations, Project, & Supply Chain Management

What is a Backlog?A backlog refers to a pile-up or accumulation of work that is yet to be done. For example, a backlog could be an accumulation of unfilled sales orders. A services company may experience a backlog in the ability to carry out request orders in a...

Backing Away (Securities Market) – Explained

by TheBusinessProfessor | Feb 23, 2025 | Investments, Trading, and Financial Markets

What is Backing Away in the Securities Market?When a market maker fails to honor or respect the quoted bid or ask price for a minimum quantity of security, backing away will occur. A market maker is a person who deals in securities or assets, he buys and sells assets...

Backdoor Roth IRA – Explained

by TheBusinessProfessor | Feb 23, 2025 | Investments, Trading, and Financial Markets

What is a Backdoor Roth IRA?A Backdoor Roth IRA is an approach used by high-income individuals or taxpayers to contribute money or make savings into a Roth IRA. Usually, the Internal Revenue Service (IRS) disallow high-income individuals from saving in a Roth IRA but...

Back-to-Back Loan – Explained

by TheBusinessProfessor | Feb 23, 2025 | Banking, Lending, and Credit Industry

Update Table of Contents What is a Back-to-Back Loan?How Does a Back-to-Back Loan Work?Back-to-Back Loan ExampleBack-to-Back Loan Risks What is a Back-to-Back Loan?A back-to-back loan is a loan agreement between two companies domiciled in different countries in which...

Back-to-Back Commitment – Explained

by TheBusinessProfessor | Feb 23, 2025 | Banking, Lending, and Credit Industry

Update Table of Contents What is a Back-to-Back Commitment?How Does a Back-to-Back Commitment Work?Benefits of a Back-to-Back Commitment What is a Back-to-Back Commitment?A back-to-back commitment is an allegiance or dedication made by a bank or financial institution...

Back of the Envelope Calculation – Explained

by TheBusinessProfessor | Feb 23, 2025 | Research, Quantitative Analysis, & Decision Science

What is a Back-Of-The-Envelope Calculation?A back-of-the-envelope calculation is a form of mathematical calculation carried out quickly just to give a rough estimate of a particular calculation. It is an informal calculation done on an envelope or a piece of paper....

Back-end Load – Explained

by TheBusinessProfessor | Feb 23, 2025 | Investments, Trading, and Financial Markets

What is a Back-End Load?A back-end load is defined as a commission or sales fees that investors pay when they sell their investments. Back-end load is commonly associated annuities and mutual funds, an investor selling a mutual fund is required to pay a percentage of...

Accountant’s Letter (Opinion) – Explained

by TheBusinessProfessor | Feb 23, 2025 | Managerial & Financial Accounting & Reporting

What is an Accountant’s Opinion?An accountant’s opinion, also known as an accountant’s letter, is a statement in writing issued by an independent public accountant or auditor to describe the results of an assessment of a firms financial...

Accountable Plan (Taxation) – Explained

by TheBusinessProfessor | Feb 23, 2025 | Managerial & Financial Accounting & Reporting