Backed in

Definition:

In the context of general equities, to describe the result of unanticipated events that allow for a purchase at a discount or a sale at a premium.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Credit Terms

The conditions under which credit will be extended to a customer. The components of credit terms are: cash discount, credit period, net period.

Subscribe to the Term of the Day via email Get the Term of the Day in your inbox!


Create your free portfolio