Backup Line

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Dictionary Says

Definition of 'Backup Line'

A line of credit used by a bank to cover any issue of commercial paper for which financing from new paper may not be available. A backup line of credit effectively provides an alternate source of liquidity for the issuer and a source of credit for the purchaser. Backup lines usually take the form of a confirmed letter of credit or contractual facility.
Investopedia Says

Investopedia explains 'Backup Line'

The amount of backup line generally ranges from 50 to 100%, depending upon the quality of the paper issued. Lower grade paper usually get greater coverage and vice-versa. These lines of credit are usually paid for with either compensating balances or else with a simple straight fee.
Search results for

'Backup Line'

  • J2 Global Returning To Growth

    http://stocks.investopedia.com/stock-analysis/2011/J2-Global-Returning-To-Growth-JCOM-PGI-T-VZ-GOOG0808.aspx
    ... acquisitions of Data Haven - another firm that provides online data backup services -
    and ... Operating expenses advanced 30% but still lagged the top-line growth. ...

  • 7 Ways To Recession-Proof Your Life

    http://www.investopedia.com/articles/pf/08/recession-proof-your-life.asp
    ... Also, if you have your own cash, it won't be an issue if other sources of
    backup funds dry up, such as a home equity line of credit. ...

  • Double Trouble For Seagate Technology

    http://stocks.investopedia.com/stock-analysis/2011/Double-Trouble-For-Seagate-Technology-STX-DELL-EMC-WDC-RIMM-HPQ-AAPL0121.aspx
    ... There will be plenty of competition in cloud-based data backup and recovery ... The Bottom
    Line Like so many of yesteryear's once-hot tech companies, Seagate trades ...

  • Spot Hotshot Penny Stocks

    http://www.investopedia.com/articles/stocks/07/spot_pennystocks.asp
    ... the trendline. The purple line is the 50-day moving average, which can be
    used as a backup or additional sell point. In cases such ...

  • Reporting Your Interest Income

    http://www.investopedia.com/articles/tax/10/interest-income.asp
    ... Bonds and Treasury Obligations - This number goes on a different line on the ... 1. Box
    4: Federal Income Tax Withheld - The total amount of backup withholding on ...

  • 6 Security Apps You Should Know About - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0711/6-Security-Apps-You-Should-Know-About.aspx
    ... calendar and contacts, for example), most of the up-and-coming backup apps will ... The
    Bottom Line What can we expect from the future of security applications? ...

  • J2 Global Excelling At Cloud-Based Services

    http://stocks.investopedia.com/stock-analysis/2012/J2-Global-Excelling-At-Cloud-Based-Services-JCOM-T-VZ-GOOG0217.aspx
    ... eFax fax services, eVoice phone and voicemail products, KeepItSafe online backup
    storage and ... Subscriber revenue makes up nearly all of the top line and is ...

  • LogMeIn Clicking In The Cloud

    http://stocks.investopedia.com/stock-analysis/2011/LogMeIn-Clicking-In-The-Cloud-LOGM-RAX-AMZN-AKAM-CTXS-S-VOD1117.aspx
    ... The Bottom Line Despite the unstable earnings track record, LogMeIn is well ... The move
    toward more data storage and backup services, provides an excellent growth ...

  • Famous Money-Fueled Divorces - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0411/Famous-Couples-Who-Broke-Up-Because-Of-Finances.aspx
    ... (Check out, Marriage, Divorce And The Dotted Line.). ... Kevin Federline was
    a broke unknown backup dancer, who went by the name K-Fed. ...

  • What protects an investorÂ’s interest in the case of terrorist ...

    http://www.investopedia.com/ask/answers/09/proving-stock-ownership.asp
    ... Before on-line brokers and personally directed accounts, holding a physical stock ...
    This gives you a solid backup between the two different entities while you ...

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