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

Category: Finance Dictionary

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.

BOSTON STOCK EXCHANGE (BSE)

The Boston Stock Exchange (now NASDAQ OMX BX) is a regional stock exchange located in Boston, Massachusetts. The third-oldest stock exchange in the United States, it was founded in 1834. On October

BOUNDARY OBJECTS

A boundary object is a concept in sociology to describe information used in different ways by different communities. They are plastic, interpreted differently across communities but with enough immutable content to maintain

BRAND NAME

A name given by the maker to a product or range of products, esp. a trademark.

BREAKBULK

Loose, non-containerized cargo stowed directly into a ship

BREWING

Make (beer) by soaking, boiling, and fermentation or make (tea or coffee) by mixing it with hot water.

BROAD-BASED INDEX

An index designed to reflect the movement of the market as a whole. Examples include the S & P 500, the AMEX Major Market Index and the Value Line Composite Index.

BROWN GOODS

Small appliance refers to a class of home appliances that are portable or semi-portable or which are used on tabletops, countertops, or other platforms in the United States of America (in the

BULL SPREAD

In options trading, a bull spread is a bullish, vertical spread options strategy that is designed to profit from a moderate rise in the price of the underlying security.

BUNDLE-OF-RIGHTS THEORY

The concept that compares property ownership to a bundle of sticks with each stick representing a distinct and separate right of the property owner, e.g., the right to use real estate, to

BURNING COST RATIO

An insurance-industry calculation of excess losses divided by total subject premium. The burning cost ratio is an experience-based insurance-rating method commonly used in determining rates for excess of loss reinsurance, or the

BUSINESS AUTO COVERAGE FORM

The latest commercial Automobile Insurance coverage form, which may be written as a monoline policy or as part of a commercial package. This form has largely replaced the Business Auto Policy.

BUSINESS CULTURE

Etiquette (pronounced [,eti’ket]) is a code of behavior that delineates expectations for social behavior according to contemporary conventional norms within a society, social class, or group.

BUSINESS INCOME

The sum of all income and expenses which are the result of a business operated by the trust or estate.

BUSINESS MIX

The variety of guest types at a hotel that together make up the hotel’s clientele. A typical business mix might be part business travelers, leisure travelers and convention business.

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