Follow-through
Follow-through is a financial term that refers to the process of completing a transaction or a series of transactions. It is the process of ensuring that all the necessary steps are taken to complete a transaction, such as the transfer of funds, the delivery of goods or services, and the completion of paperwork. Follow-through is an important part of any financial transaction, as it helps to ensure that all parties involved are satisfied with the outcome.
History of Follow-through
The concept of follow-through has been around for centuries, but it was not until the late 19th century that the term began to be used in the financial world. The term was first used in the context of stock trading, where it referred to the process of ensuring that all the necessary steps were taken to complete a transaction. Over time, the term has come to be used in a variety of financial contexts, including banking, investments, and insurance.
Comparison Table
| Transaction Type | Follow-through Required |
|---|---|
| Stock Trading | Yes |
| Banking | Yes |
| Investments | Yes |
| Insurance | Yes |
Summary
Follow-through is an important financial term that refers to the process of completing a transaction or a series of transactions. It is the process of ensuring that all the necessary steps are taken to complete a transaction, such as the transfer of funds, the delivery of goods or services, and the completion of paperwork. Follow-through is an important part of any financial transaction, as it helps to ensure that all parties involved are satisfied with the outcome. For more information about follow-through, you can visit websites such as Investopedia, The Balance, and Investing.com.
See Also
- Transaction
- Closing
- Settlement
- Execution
- Clearing
- Liquidation
- Delivery
- Payment
- Transfer
- Risk Management
