Back office
	• Is the area or function which relates to the processing, record keeping, and other operational aspects of transactions for financial firms. This compares to Front Office and Middle Office.
	• Brokerage house clerical operations that support, but do not include, the trading of stocks and other securities. Includes all written confirmation and settlement of trades, record keeping and regulatory compliance.
	Embedded terms in definition
	Compliance Confirmation Front office Middle office Securities Settlement Support Trading
	Related Terms
	Back contracts Back discount rate Back end load Back end loan fund Back fee Back spread or backspread Back to back financing Back to back loan Back up Buy back Front office Middle office Sale and lease back Swap buy back

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What to Know Before Declaring Your Financial Independence: Twenty-somethings may not realize it, but every time they enter a new phase of their life as young adults - perhaps starting college, a career or a family - they're also venturing into a new world of money management. Here are ways to be prepared. More...

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