Backorder
A backorder is an order for a product that cannot be fulfilled right away because it is out of stock.
More terms under B
- Back-to-Back Letters of CreditBack-to-back letters of credit are two separate letters of credit used one after the other to complete a financial deal involving a third party.
- 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.
- BackstopA 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.
- 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.
Educational definition. Protocol rules and market conventions can differ; check an asset's official documentation.