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Back feeThe fee paid on the extension date if the buyer wishes to continue the option.Back fee Similar MatchesBackward linkageBackward linkageThe use by one firm or industry of produced inputs from another firm or industry. Plowback ratePlowback rateRelated: Retention rate Carry backCarry backA term applicable to personal pensions regarding tax rules which allow contributions made in the current tax year to be treated as though they were paid in the preceding tax year. If there were no net relevant earnings in the preceding year, the contribution can be carried back a further year.The advantage of taking up this choice is that tax relief is obtained at the highest rate applicable in that previous year. For example, if an individual's earnings have fallen such that he/she is no longer a higher rate taxpayer, carry back of contributions will obtain tax relief at the highest rate. BackwardationBackwardationIn the futures market the price of a contract for future delivery of a commodity usually trades above the spot price because the owner of the contract is deemed to have the advantage of holding cash until the time of delivery and is assumed to be able to earn interest on that cash.Occasionally, however, the spot price actually exceeds the futures price. This is known as backwardation, or an inverted market. Normal backwardation theoryNormal backwardation theoryHolds that the futures price will be bid down to a level below the expected spot price. Further SuggestionsCommercial Mortgage Backed SecuritiesBackwardation Asset backed security Death backed bonds "Back up the truck" Tax clawback agreement Lehman Brothers Mortgage Backed Securities Index cashback Drawback share buyback Cashback mortgages Reachback Discounted payback period rule Leaseback back to back loan Commodity backed bond Piggybacking Mortgage Backed Securities Clearing Corporation (MBSCC) Back to back financing Back taxes Backward compatibility Back on the shelf Piggyback registration Plow back Kickback |
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