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

Category: Finance Dictionary

BOOMERANG METHOD

When a customer has objections or doubts, this method relies on turning those around to make the customer make a quick purchase.

BOTTOM LINE

The line in a financial statement that shows net income or loss.

BOX DIAGRAM

A control flow diagram consisting of a rectangle that is subdivided to show sequential steps, if-then-else conditions, repetition, and case conditions.

BRAZING

Form, fix, or join by soldering with an alloy of copper and zinc at high temperature. Also refer to braze.

BREAKFAST INDEX

Serves as a price indicator that can be compared to the consumer price index (CPI). It was created by hard assets investor (HAI), a website devoted to serving investors in tangible assets

BRITISH BROADCASTING CORPORATION (BBC)

A British public service broadcaster, headquartered at Broadcasting House in the City of Westminster, London. It is the largest broadcaster in the world, with about 23,000 staff. Its main responsibility is to

BROKEN DATE

An offtherun COUPON payment date on a FIXED INCOME security, e.g., 28 or 58 days, rather than the conventional 30 or 60 days.

BRUNDTLAND REPORT

Our Common Future, also known as the Brundtland Report, from the United Nations World Commission on Environment and Development (WCED) was published in 1987.

BUILD, LEASE, TRANSFER (BLT)

A public-private partnership (PPP) project model in which a private organization designs, finances and builds a facility on leased public land. The private organization operates the facility for the duration of the

BULLWHIP EFFECT

An observed phenomenon in forecast-driven distribution channels. The concept has its roots in J Forrester’s Industrial Dynamics (1961) and thus it is also known as the Forrester Effect.

BUSHING

A clamp that grips and protects an electric cable where it passes through a metal panel or more generally, a bearing for a revolving shaft.

BUSINESS CLIMATE

Environment of a given community that is relevant to the operation of a business; usually includes tax rates, attitudes of government toward business, and availability.

BUSINESS ETIQUETTE

A code of behavior that delineates expectations for social behavior according to contemporary conventional norms within a society, social class, or group.

BUSINESS INTERRUPTION INSURANCE

Insurance that provides protection for the loss of profits and continuing fixed expenses resulting from a break in commercial activities due to the occurrence of a peril.

BUSINESS OPPORTUNITY

An opportunity to generate income as a business owner and not an employment opportunity. TLD Example: The decision by the owner to retire presented the young chef with a business opportunity allowing him

BUSINESS RECEIPTS

Business receipts represent the gross receipts or sales less returns and allowances from trade or business income.

BUSINESS SYSTEM

A combination of people and automated applications organized to meet a particular set of business objectives.

Topic Archives:

Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.