Meaning BACKDATING: In the context of mutual funds, a feature allowing fundholders to use an earlier date on a letter of intent to invest in a mutual fund in exchange for a reduced sales charge, e.g. Giving retroactive value to purchases from the earlier date
More terms such as Backdating in Dictionary B.
- Definition Blank Check Offering:
- Examples An initial public offering by a company whose business activities are undefined and therefore speculative backdating definition.
- Definition B:
- Examples Fifth letter of a Nasdaq stock descriptor specifying that issue is the Class B shares of the company backdating explain.
- Definition Broad Tape:
- Examples An expanded version of the ticker tape, which is displayed on a screen in the board room of a brokerage firm and shows constantley updated financial information and news backdating what is.
- Definition Bull Market:
- Examples Any market in which prices are in an upward trend backdating meaning.
- Definition Benchmark Interest Rate:
- Examples base interest rate, it is the minimum interest rate investors will demand for investing in a non-Treasury security. It is also tied to the yield to maturity offered on the comparable-maturity backdating abbreviation.
