Vegetable garden in early spring with straw mulch April is a time of transition in the vegetable garden. Weather extremes from snow flurries to hot weather can occur in the Northern Hemisphere. In cold-winter regions, spring weather may be weeks away. In warm-winter regions, the last frost may already have passed. When the lilacs bloom
What Is Backdated Liability Insurance Backdated liability insurance provides coverage for a claim that occurred before the insurance policy was purchased. Backdated liability insurance is not an insurance product frequently offered by insurers since the insurer cannot be certain how much the loss will amount to. Key Takeaways Backdated liability insurance is insurance that provides coverage
What Is Backdating? Backdating is the practice of marking a document, whether a check, contract, or another legally binding document, with a date that is prior to what it should be. Backdating is usually disallowed and can even be illegal or fraudulent based on the situation. Sometimes though, backdating can be acceptable; however, the parties
What Is a Back-Door Listing? In finance, the term “back-door listing” refers to an alternative strategy used by private companies that wish to become publicly traded. One such strategy consists of acquiring an existing publicly-traded company, and then continuing to operate under the acquired company’s ticker symbol. Although back-door listings can be more economical than
What Is a Backdoor Roth IRA? A backdoor Roth IRA is a strategy rather than an official type of individual retirement account. It is a technique used by high-income earners—who exceed Roth IRA income limits—to convert their traditional IRA to a Roth IRA. The backdoor Roth IRA strategy is not a tax dodge. When you transfer the assets
What Is a Back-End Load? A back-end load is a fee paid by investors when selling mutual fund shares, and it is expressed as a percentage of the value of the fund’s shares. A back-end load can be a flat fee or gradually decrease over time, usually within five to ten years. In the latter
What Is a Back-End Plan? A back-end plan is an anti-acquisition strategy in which the target company provides existing shareholders—with the exception of the company attempting the takeover—with the ability to exchange existing securities for cash or other securities valued at a price determined by the company’s board of directors. A back-end plan, also known
What Is a Back Fee? A back fee is a payment made to the writer of a compound option when and if the first option is exercised. Since a compound option is an option contract to buy another option, only the premium on the first option is paid upfront. If the first option is then exercised, the premium
What Is a Backflip Takeover? A backflip takeover is a rare type of takeover that occurs when an acquirer becomes a subsidiary of the company it purchased. Upon completion of the deal, the two entities join forces and retain the name of the company that was bought. Key Takeaways A backflip takeover is a rare type of takeover that
What Is Backflush Costing? Backflush costing is a product costing system generally used in a just-in-time (JIT) inventory system. In short, it is an accounting method that records the costs associated with producing a good or service only after they are produced, completed, or sold. Backflush costing is also commonly referred to as backflush accounting. Key
