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

Category: Finance Dictionary

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.

AUTHENTIC RECORD

A document that represents what is supposed to and has not been changed. AKA authentic document.

ADEQUACY

Being legally able to complete a requirement.

ADMISSIONS

Allowing another party to enter an agreement. Or acknowledging the truth of a statement of evidence.

ADVERSE EFFECT

A negative effect caused by environmental factors. This occurs when the body reacts unfavorably to a sudden change.

AFFIDAVIT OF LOSS

The document that identifies loss of a security. It can be stolen or simply destroyed. The details of the loss are on the document and once made a replacement can be requested.

AGENCY SECURITY

In the United States, NOTES or BONDS issued by governmentsponsored or governmentguaranteed institutions (e.g., FEDERAL NATIONAL MORTGAGE ASSOCIATION, GOVERNMENT NATIONAL MORTGAGE ASSOCIATION, FEDERAL HOME LOAN MORTGAGE CORPORATION). The securities carry explicit or

AGGREGATOR MODEL

Ecommerce model that takes information from several similar websites. This helps design a site that will attract customers. Refer to affiliate model.

AIR PORTABLE

Any cargo on an aircraft that requires minor assembling.

ALARM

The presence of danger being notified to the public near it.

ALL HOLDERS’ RULE

A rule that doesn’t allow a public offer to be made on a new issue before the shareholders get to make their offers.

ALL-OR-ANY PORTION ORDER

An ORDER to purchase or sell any, or all, of a specified quantity of securities, generally at the BROKER

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