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

Category: B

BEAUFORT SCALE

A scale for wind speed. It starts at 0 and ends at 12. Waves are observed to detect speed. Its named after Sir Francis Beaufort.

BERRY RATIO

How a company determines their status in a fiscal period. The gross income and operational costs are used in this calculation.

BIG MAC INDEX

The index that measure purchasing power between currencies. The economist publishes the data in spring.

BILL OF GOODS

A list of items for sale. It could also be a promise that is misleading to the buyer.

BINARY SYSTEM

The number system computers use. 1s and 0s are the only two digits computed. It is the foundation of digital technology.

BIOTIC

Any living activity that is produced by an organism. It is the opposite of abiotic.

BLACK WATER

When water is polluted with waste. Refer to gray water.

BLEEDING EDGE

A plan that is so advanced it will cause a competitive failure.

BLOW MOLDING

Making hollow molds by heating plastic inside two pieces of the mold. The inside is filled with air. Refer to injection molding.

BODY LANGUAGE

Nonverbal communications sent by a person to another person. AKA kinesic communications. Refer to nonverbal communication.

BOOK TO SHIP RATIO

The demand supply ratio in financial books compared to the amount shipped out of inventory. It measures efficienty and weakness.

BORN DIGITAL

When information or a document is made in digital form and not through digitized scanning.

BOUGHT DEAL

A NEW ISSUE of DEBT or EQUITY securities where the LEAD MANAGER and participating UNDERWRITERS commit to purchasing the entire block and then distributing through their own investor bases. The issuer is

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