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

Category: B

BETTERMENT ACT

a law where the permanent improvements to a property that increases its value are recoverable by the occupant being paid by the owner.

BLACKJACK

a heavy metal that is covered with leather and has a flexible handle. Often carried by police and sometimes by criminals.

BLOOD TESTS

These are the blood tests that a couple are required to undergo for syphilis before they can get a marriage license.

BANK A DEAL

the term used when you lend money to a person with who you have a contract and makes the borrower into a creditor.

BESPEAK

To indicate or signal at a trend. If stock doesnt perform than the market will not either.

BEST OF TWO OPTION

A payoff thats the same as paying off two options. Refer to worst of two option.

BID AND ASKED

The most that a buyer will pay and the lowest a seller will accept. The difference in these prices is the spread.

BIG-BOX STORE

A retail store with the layout of a box or square if seen from above. There is a large floor space and many items for sale. They are located in suburban areas.

BILLED WEIGHT

The weight of a shipment on the freight bill. Its used to compute the freight.

BINOMIAL TREE

A model used to show option values in different time periods at different prices. Only two prices are used in the model. The reality is that the price may have more than

BLACK BOX MODEL

When the input of advertising is used to study the output or buying.

BLACKOUT

1. when commercial power is lost over a large area. 2. a stopping of activity over a period of time.

BLIND AD

An ad that remains anonymous as to who is advertising. Only a phone number and PO box is lsted. Most states have made this illegal for real estate agents to do this.

BLOCKAGE DISCOUNT

Reducing the price of a block of stock. The value has gone down due to its lack of selling in the current market.

BLUE LABEL

A label warning that the contents of a package is radioactive.

BOIL THE OCEAN

A task that is impossible. An overly ambitious party takes it on knowing the resources available are not enough to get the job done.

BOOK BUILDING

Getting new investors to buy a new security issue. The more the interest the more demand on an issue and that changes the price of it.

BOOKING CLASS

The class of air travel that is not first class or economy. AKA class of service and class of travel.

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