Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

Category: B

BOTANICALS

A substance obtained from a plant and used as an additive, esp. in gin or cosmetics.

BOURSE

This is simply a stock exchange in the French language.

BRAND RECOGNITION

The extent to which the general public (or an organization’s target market) is able to identify a brand by its attributes.

BREAKDOWN MAINTENANCE

When employees are reactive to equipment failure and effectuate repairs only after a failure has occurred on a piece of equipment. Frequently, breakdown maintenance requires a maintenance prioritization system. These systems frequently

BRIDGE LOAN

A temporary LOAN granted by a BANK to a corporate or sovereign borrower, generally intended to be replaced by longerterm or permanent financing from the CAPITAL MARKETS. Bridge loans may be secured

BROADSHEET

The largest of the various newspaper formats and is characterized by long vertical pages (typically 22 inches / 559 millimetres or more). The term derives from types of popular prints usually just

BROWNOUT

A power outage (also known as a power cut, power failure, power loss, or blackout) is a short- or long-term loss of the electric power to an area.

BUFFER INVENTORY

The strategically placed inventories which protect the material flow and whose consumption set the schedules in a pull system.

BUNGALOW

A low house, with a broad front porch, having either no upper floor or upper rooms set in the roof, typically with dormer windows.

BURSTING BUBBLE PRINCIPLE

When evidence shows that other evidence contradicts the first evidence, the outdated evidence no longer exists.

BUSINESS BONDAGE

A state of feeling inexorably intertwined or even imprisoned by your business. Business bondage is frequently experienced by new entrepreneurs and small-business owners.

BUSINESS DESIGN

An enterprise architecture (EA) is a rigorous description of the structure of an enterprise. EA describes the terminology, the composition of subsystems, and their relationships with the external environment, and the guiding

BUSINESS INFORMATION REPORT

The most widely used D&B Report for credit assessment, the BIR can provide information about a company’s history, payments, finances, operations, and more.

BUSINESS NAME

A trade name, also known as a trading name or a business name, is the name which a business trades under for commercial purposes, although its registered, legal name, used for contracts

BUY-BACK DEDUCTIBLE

A DEDUCTIBLE on an INSURANCE contract that is eliminated through payment of an incremental PREMIUM, thus providing the INSURED with FIRST DOLLAR COVERAGE in the event of a loss.

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