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

Category: Finance Dictionary

BUSINESS GAME

Also called business simulation game) refers to simulation games that are used at an educational tool for teaching business.

BUSINESS MANAGEMENT

Management in all business areas and organizational activities are the acts of getting people together to accomplish desired goals and objectives efficiently and effectively. TLD Example: One look at the company’s operations

BUSINESS PRACTICE

Essential features of processes needed to effect standard operating procedures in a consistent manner.

BUSINESS RISK EXCLUSION

A type of coverage that is often omitted from product liability insurance. Business risk occurs when a company manufactures or sells a product that does not meet the level of performance that

BUSINESS WIRE

A company that disseminates full-text news releases from thousands of companies and organizations worldwide to news media, financial markets, disclosure systems, investors, information web sites, databases and other audiences.

BUY AMERICAN ACT

The Buy American Act (BAA – ) passed in 1933 by Congress and signed by President Roosevelt, required the United States government to prefer U.S.-made products in its purchases.

BYPASS

Source direct, also known as tone defeat or bypass is a sound engineering term. It describes a feature on a piece of audio equipment which allows the audio effect such as bass

ADD-ON

A NEW ISSUE of COMMON STOCK for a company that has already completed an INITIAL PUBLIC OFFERING. The addon increases the issuer

ADVERGAME

A video game with advertisements in it. Some games sole purpose is to advertise. Other times a sponsor is advertised. The internet has helped raise this type of advertisement.

ADVISORY BOARD OF DIRECTORS

Parties in a company appointed to advise on a borad of directors. They are not legally responsible for what happens or are they elected.

AGENT’S TORT

The nonagent party is liable for their agent’s actions. This is for normal day to day business.

AIR CARGO

Any good that gets to its destination by air. The incorrect term for it is air freight.

AIRPLAY

When a record is played in radio or TV. The more it is played the more popular the record is.

ALKALOSIS

When body fluids and tissues become more alkaline than usual. It is caused by acid alkali level regulators failing in the blood stream.

ALLERGY

A medical condition caused by allergens or an allergic reaction.

ALTERATIONS

Any changes done to a building in the remodeling process. AKA alterations and extensions.

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