BACKLOG
A piling up of work that needs to be done. The tern "backlog" has numerous usage in finance. It may connote to the sales order of the company pending to be filled or a pile of financial of financial paperwork which must be processed, loan applications for example. In case a public company has some backlog, implications for shareholders arises because the backlog may affect the future earnings of the company due to its incapacity to meet demands. A backlog is usually something that companies avoid.
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Dynasty Trust
Long-term trusts made to pass wealth from one generation to another without paying transfer taxes including estate and gift taxes. The trust can su ...
C&I
Loan made to a business or company, not to an individual, which provides either working capital or finances key capital expenditures. Usually short ...
Hypermarket
Hypermarket is a combination of a department store and a grocery supermarket. A hypermarket offers various products like clothing, groceries, and a ...
Assets Under Management
The asset's market value which an investment company handles on behalf of investors. Assets Under Management (AUM) is perceived as a scale of s ...
Business Income Coverage Form
Insurance policy which covers a loss of income a firm incurs due to a slowdown or temporary suspension of its operations because if damage to its p ...
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