Business Dictionary :

Backwardation, Bad,
Bad bargain, Bad buy, Bad debt

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Backwardation : noun : penalty paid by the seller when postponing delivery of shares to the buyer

QUOTE : The businesses we back range from start up ventures to established companies in need of further capital for expansion. (Times)

QUOTE : The Company has received the backing of a number of oil companies who are willing to pay for the results of the survey.(Lloyd's List)

Bad : adjective : not good

Bad bargain : an item that is not worth the price asked

Bad buy : noun : thing bought which was not worth the money paid for it

Bad debt : noun : debt which will not be paid

• The company has written off £30,000 in bad debts.

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