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

Category: B

BEST SELLER

A book that sells large numbers in a period of time. A list is published of these books according the the sales.

BID-TO-COVER

In the United States, the number of BIDS received in an auction of TREASURY BILLS, NOTES, or BONDS versus the number actually accepted. The higher the bidtocover ratio the greater the demand

BILATERAL INVESTMENT TREATY

When two countries agree that managers can be of any nationality, investment related transfers are allowed, assets are expropriated as with international law, and access is to arbitration in disputes.

BIOMETRICS

Using electronics to measure the biological characteristics of a person. Refer to biometric authentication.

BLACK MARKET

An illegal market when consumer goods are not easy to find and taxed highly. Prices are either higher than controlled prices or lower due to tax evasion. Black markets have black money.

BLANKET AUTHORIZATION

A contract letting a party do an activity with no approval. A form is signed by the consenting party.

BLIND MARKING

When the markings on a big ticket item to be shipped is hard to read this is placed on the item. It prevents theft.

BLOG

A website like a journal. Entries are made by individuals who write about a subject in a forum.

BLUETOOTH

An open wireless signal used on short distances. It connects all types of devices in the area without a single wire. It has the frequency of 2.45 GHz to get the most

BOLDFACE

A thicker than normal typeface of a normal font. It calls attention to the text.

BOOK OF BUSINESS

How businesses keep a connections to their high value customers. There are many methods to this that attempt to keep them interested in investing more.

BOOLEAN SEARCH

Also known as logical operators, they are the use of Boolean operators (And, Or, Not). They aide in making keyword based text searches more accurate. Search Engines on the web and databases

BOTTOM FISHING

The activity of fishing for bottom feeders or researching or investing in securities at what is believed to be the low point of a market after a decline.

BOX

A container with a flat base and sides, typically square or rectangular and having a lid.

BRASSPLATE COMPANY

When a firm is listed on a nameplate of brass but without any real existence. This applies to the registered legal address.

BREAK-EVEN LEASE PAYMENT

The lease payment at which a party to a prospective lease is indifferent between entering and not entering into a lease arrangement.

BRITISH BANKERS ASSOCIATION (BBA) RATE

The official INTEREST RATES quoted for FORWARD RATE AGREEMENTS traded in the London market. BBA rates are quoted for various forward starting periods in the world

BROCHURE RULE

Under the Investment Advisor’s Act of 1940, the Brochure Rule requires federally registered investment advisors provide a written disclosure statement to their clients at specified times during the advisory process.

BROWSING

Survey objects casually, esp. goods for sale, scan through a book or magazine superficially to gain an impression of the contents, read or survey (data files), typically via a network or (of

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