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What Is a Backward Integration

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What is a backward integration?


Definitions:

Bank Overdraft

A facility allowing an entity to withdraw more money from a bank account than has been deposited, within a previously agreed limit.

Unsecured Convertible Notes

Debt instruments that can be converted into a predetermined amount of the issuer's equity and do not have collateral backing.

Debentures Issued

Long-term securities issued by a company to raise capital, backed only by the general creditworthiness and reputation of the issuer.

Preference Shares

A type of share that typically grants its holders priority over ordinary shareholders in receiving dividends and upon liquidation of the company's assets.

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