Sometimes, when confronted with something new and unknown, many people feel uncomfortable. They think that others will see their embarrassment and will certainly condemn them for ignorance. However, as practice shows, most often the interlocutors are loyal to those who complexify and blush out of ignorance. They explain and help to understand the meaning of what seems quite strange. Today, we will also take on the role of those who educate, and talk about the abbreviation TBA. What does this mean, where is it most encountered and how is it interpreted correctly?
What formed the basis of TBA?
Like many abbreviations, TBA came from English. It was based on the capital letters of the expression to be announced, which means - will be announced later (or later). Sometimes, however, the English phrase to be advised may be implied, which in translation will be presented (in this case, it means later or after some time). Be that as it may, the meaning of TBA (and what that means) is already becoming clear. But there is another interesting point: where is this reduction most often used, and in what cases can it be found? This is what we will talk about in the next block of today's material.
Gamers will understand
Those who are keen on computer games, and watches, and in some especially difficult cases, spend all their free time at a game console or in front of a home PC monitor, are well aware of what TBA means. This is because such a symbol is often found in reviews of new products in the gaming industry or indicated on advertising booklets enclosed in a box with a long-awaited game purchased. Gamers understand that when they see the TBA badge, they need to be patient and wait for the manufacturer to release the product for general use.
Stock brokers and their understanding of TBA
When making a transaction on the exchange, whether buying shares or reselling them, brokers do not always have the opportunity to communicate in real time. This is due to the difference in time zones, because trading takes place around the clock, and transaction participants are scattered around the world. The TBA badge, which is mandatory indicated on the package of documents (if one of the participants in the transaction is not present when it is completed), indicates that it can be terminated within 24 hours after signing the contract. That is, in trading in TBA shares, it means that this is a kind of reservation of the contract: a decision on it is known only within 24 hours.
Another thing I would like to mention today is the TBA in the invitation to the event. Sometimes, though rarely, some invitants may use the TBA abbreviation in appropriate postcards or on business cards, which means: "We will inform you about the time and place of the celebration later."