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

Category: Finance Dictionary

BROWNFIELD SITE

Brownfield sites are abandoned or underused industrial and commercial facilities available for re-use. Expansion or redevelopment of such a facility may be complicated by real or perceived environmental contaminations.

BUFFER

In a fiber optic cable, a buffer is one type of component used to encapsulate one or more optical fibers for the purpose of providing such functions as mechanical isolation, protection from

BULL TRAP

Any technically unconfirmed move to the upside that encourages investors to be bullish. Usually precedes important declines and often fools those who do not wait form confirmation by other indicators.

BUNGALOW

A low house, with a broad front porch, having either no upper floor or upper rooms set in the roof, typically with dormer windows.

BURSTING BUBBLE PRINCIPLE

When evidence shows that other evidence contradicts the first evidence, the outdated evidence no longer exists.

BUSINESS BONDAGE

A state of feeling inexorably intertwined or even imprisoned by your business. Business bondage is frequently experienced by new entrepreneurs and small-business owners.

BUSINESS DESIGN

An enterprise architecture (EA) is a rigorous description of the structure of an enterprise. EA describes the terminology, the composition of subsystems, and their relationships with the external environment, and the guiding

BUSINESS INFORMATION REPORT

The most widely used D&B Report for credit assessment, the BIR can provide information about a company’s history, payments, finances, operations, and more.

BUSINESS NAME

A trade name, also known as a trading name or a business name, is the name which a business trades under for commercial purposes, although its registered, legal name, used for contracts

BUY-BACK DEDUCTIBLE

A DEDUCTIBLE on an INSURANCE contract that is eliminated through payment of an incremental PREMIUM, thus providing the INSURED with FIRST DOLLAR COVERAGE in the event of a loss.

BACKWARD COMPATIBILITY

When newer software can work with the older version. AKA downward compatibility. Refer to upward compatibility.

BALLOON PAYMENT

A payment made on a loan that is highe than the ones before it. It is done at the end of the period. It pays what is left after the last payment.

BARBELL PORTFOLIO

An investment PORTFOLIO comprised of NOTES and BONDS with short and longterm maturities but few, or no, securities with mediumterm maturities. A barbell may be constructed to take advantage of a particular

BARRIERS TO ENTRY

Issues that new firms encounter that prevent or restrict them from entering a market. These issues can be related to the economy, a flooded market, high investment needs, brand competition, and pricing

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