back office

Definition 1
The administrative functions at a brokerage that support the trading of securities, including trade confirmation and settlement, recordkeeping, and regulatory compliance.

Definition 2
More generally, administrative functions that support but are not directly involved in the operations of a business, such as accounting and personnel.




back office is ...
... part of the
Brokerages subject.


Related Terms

agent bank -  More


back office appears in the definitions of these other terms on BusinessDictionary.com

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