Backstop
A backstop is a safety net that provides extra funds or support to cover any shortfall in a company's funding or shares that haven't been sold.
More terms under B
- Backflush Costing (Backflush Accounting)Backflush costing is an accounting method where costs are assigned to products only after they have been made, simplifying the tracking of expenses in…
- BacklogA backlog is a list of tasks or transactions that need to be completed but haven't been done yet.
- BackorderA backorder is an order for a product that cannot be fulfilled right away because it is out of stock.
- BacktestingBacktesting in cryptocurrency means checking how a trading strategy would have worked in the past by using old market data.
- Backward CompatibilityBackward compatibility means that new technology can work well with older versions, so users can still use their old systems without problems.
- BagBag refers to having a large amount of a specific cryptocurrency. It can also mean the collection of all the cryptocurrencies someone owns in their portfolio.
Educational definition. Protocol rules and market conventions can differ; check an asset's official documentation.