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

Category: Finance Dictionary

BULKHEAD

Reinforcement structures that contain the contents of compartments which holds bulk items inside.

BUNDLE

A collection of things, or a quantity of material, tied or wrapped up together. A set of nerve, muscle, or other fibers running close together in parallel.

BURGERNOMICS

The Big Mac Index is published by The Economist as an informal way of measuring the purchasing power parity (PPP) between two currencies and provides a test of the extent to which

BUSINESS ARCHITECTURE

A part of the an enterprise architecture related to architectural organization of business, and the documents and diagrams that describe that architectural organization. People who help build business architecture are known as

BUSINESS GIFT

The cost of qualified business gifts is deductible to a maximum of $25 per year per client or customer. The $25 limit does not apply to promotional items costing $4 or less

BUSINESS MANAGEMENT SYSTEM

A set of tools for strategic planning and tactical implementation of policies, practices, guidelines, processes and procedures that are used in the development, deployment and execution of business plans and strategies and

BUSINESS PROCESS

A collection of related, structured activities or tasks that produce a specific service or product (serve a particular goal) for a particular customer or customers.

BUSINESS RULES

A Business rule is a statement that defines or constrains some aspect of the business. It is intended to assert business structure or to control or influence the behavior of the business.

BUSINESS-TO-BUSINESS (B2B)

(B2B) describes commerce transactions between businesses, such as between a manufacturer and a wholesaler, or between a wholesaler and a retailer. Contrasting terms are business-to-consumer (B2C) and business-to-government (B2G).

BUY AND HOLD

Buy and hold is a long term investment strategy based on the view that in the long run financial markets give a good rate of return despite periods of volatility or decline.

BYPASS TRUST

Trusts are used in the United States as a legitimate tool to circumvent gift tax, and to minimize taxation of assets upon death of a married couple.

BACK CHARGE

When a bill is made to collect on debt from another period. This is due to error or an eligible collection. It is best to avoid this.

BACKFLIP TAKEOVER

A takeover where the buying company is now a subsidiary. This happens when the company bought is larger the the one purchasing it.

BACKSPREAD

An OPTION strategy designed to take advantage of VOLATILITY. A LONG back spread is created through the sale of a smaller quantity of closertothemoney PUT OPTIONS or CALL OPTIONS and the purchase

BALANCED QUANTITY

Inventory measure that uses what is needed to make the best level of output.

BANNER EXCHANGE

Internet advertising that has affiliated sites show eachothers banners. Refer to affiliate marketing and affiliate model.

BARREL BULK

A unit of caro whose volume is 5 Ft3 or 0.141 M3. Eight of these barrels are a freight ton. Twenty of them is a registered ton.

BASING RATE

The point of reference for freight rates that any changes are made to before it arrives at its destination.

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