BACK-TO-BACK TRADING Definition

BACK-TO-BACK TRADING allows securities dealers to trade and settle the same securities several times during the same settlement day without loss of value days.

Learn new Accounting Terms

SCOPE PARAGRAPH, in accounting, is the paragraph in the audit report that explains the scope of the engagement.

EXCHANGE RATE RISK, in foreign exchange, is the variability of a firm's value due to uncertain changes in the rate of exchange.

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