back office

back office
Brokerage house clerical operations that support, but do not include, the trading of stocks and other securities. All written confirmation and settlement of trade, record keeping, and regulatory compliance happen in the back office. Bloomberg Financial Dictionary

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back office back office office

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   The department in a financial institution that processes deals and handles delivery, settlement and regulatory procedures.
   ► See also Front Office and Middle Office.

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back office UK US noun [C] WORKPLACE
the part of a company that does not deal directly with customers: »

The back office plays a vital role in the timely settlement of deals.


He said the latest cuts will fall on middle managers and back-office staff.


a back-office job/system/administrator

Compare FRONT OFFICE(Cf. ↑front office)

Financial and business terms. 2012.

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Look at other dictionaries:

  • Back Office — Cette page d’homonymie répertorie les différents sujets et articles partageant un même nom. Back office, un élément de société financière Back office, un type de bureaux d affaires Back office, un terme d informatique Back Office, un logiciel de… …   Wikipédia en Français

  • Back office — Saltar a navegación, búsqueda Un back office (trastienda de la oficina) es la parte de las empresas donde tienen lugar las tareas destinadas a gestionar la propia empresa y con las cuales el cliente no necesita contacto directo. Por ejemplo: el… …   Wikipedia Español

  • back office — back .office n the department of a bank or other financial institution that manages or organizes the work of the institution, but that does not deal with customers >back office adj [only before noun] ▪ back office operations …   Dictionary of contemporary English

  • back-office — ● back office nom masculin (mot anglais, de back, en arrière, et office, service) Département d une société de Bourse ou d une banque, chargé d enregistrer les ordres de Bourse exécutés dans la journée et d effectuer toutes les opérations… …   Encyclopédie Universelle

  • back-office — [bak′ôf΄is] adj. of or having to do with the routine internal functions of a business or institution * * * …   Universalium

  • Back Office —   [dt. »hinteres Büro«] …   Universal-Lexikon

  • back office — noun count BUSINESS a department of a bank or other financial institution in which people check the work of other people who work for the institution, for example by checking that all business deals are legal and correct …   Usage of the words and phrases in modern English

  • back office — (izg. bȅk ȍfis) m DEFINICIJA bank. dijelovi organizacijske jedinice brokersko dilerskih tvrtki koji nisu zaduženi za prodaju vrijednosnih papira, nego za evidenciju, obračun i konfirmaciju transakcija i ostale administrativne poslove ETIMOLOGIJA… …   Hrvatski jezični portal

  • back-office — [bak′ôf΄is] adj. of or having to do with the routine internal functions of a business or institution …   English World dictionary

  • Back office — A back office is a part of most corporations where tasks dedicated to running the company itself take place. The term comes from the building layout of early companies where the front office would contain the sales and other customer facing staff …   Wikipedia

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