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

Category: B

BUSINESS ENTITY

Companies law (or the law of business associations) is the field of law concerning companies and other business organizations. It is an establishment formed to carry on commercial enterprises. See, Business Entity

BUSINESS INTELLIGENCE (BI)

(BI) refers to computer-based techniques used in spotting, digging-out, and analyzing business data, such as sales revenue by products and/or departments or associated costs and incomes.

BUSINESS NEEDS

A desire of the project customer that focuses on a business problem; its fulfillment is strategic to organization goals.

BUSINESS STARTS INDEX

A compilation of statistics published by Dun & Bradstreet that reports the number of businesses

BUSINESS-TO-CONSUMER (B2C) EXCHANGE

An electronic commerce exchange where networks are used to connect consumers and retail buyers of ASSETS, goods or services with providers, manufacturers, or distributors. See also BUSINESSTOBUSINESS (B2B) EXCHANGE.

BUY-IN

A purchase of shares by a broker after a seller has failed to deliver similar shares, the original seller being charged any difference in cost or a purchase of shares in a

BAIL BOND

When collateral is used to keep a defendant out of jail before the hearing. It’s a precent of the total bond. It is taken if the person does not appear in court.

BACKGROUNDER DATA

A review of a companies financial status and holdings. When printed its called a backgrounder sheet or a fact sheet.

BACKWARD LINKAGES

The channels information, material, and money takes in a company. The suppliers and buyers make up a netowrk. Refer to forward linkages.

BANCASSURANCE

Selling insurance to customers of a bank. A wide variety of products are offered.

BARCODE SYMBOL

The strips printed next to eachother on a barcode. Each bar is a number that is ready by a scanner. A computer matches the number with an item in its records. There

BAUD (BD)

An old way digital speed was measured. The new way is bits per second. It was named after J M E Baudot.

BEIGE BOOK

A report the Federal Reserve makes to show the economic conditions. 12 Federal Reserve Banks send the data on their own summaries. Its a big market indicator and changes monetary policy.

BENEFACTOR

An individual who financially assists another individual, such as someone who contributes to charitable organizations, or a family member that provides cash to another family member for school, etc.

BERLE-MEANS THESIS

When a board of directors is placed in charge. The owners rely on them to run things for them. Ownership and control are separated.

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