Businesses or individuals that are unable to repay their debts are considered bankrupt and file for bankruptcy.
Author: todorm
Banker’s Acceptance
A financial instrument that guarantees a future payment by a bank.
Balanced Funds
A mutual fund that contains two or more different asset classes.
Balance Sheet
A financial document that reports on a company’s assets, liabilities and shareholder equity for a certain moment in time.
Back-End Load
The withdrawal fee for a mutual fund.
Baby Bond
A debt instrument that’s valued at less than $1000.
Away From the Market
A limit order set to buy at a price lower than the current market price or sell higher than the current price.
Average Volume
The total volume for a specific period divided by the number of bars.
Average Maturity
The average amount of time before debt securities mature.
Average Life
The period of time the principal of debt is expected to be outstanding.
