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

Category: Finance Dictionary

BUSINESS IMPACT ANALYSIS (BIA)

A formal analysis of the effect on the business if a specific set of IT services are not available. It will also identify the minimum set of services that an organisation will

BUSINESS MATTER ANNOTATION

Comments on business matters that were handled and stored on a record. These are matters that also require use of the record which also follow up with the action(s) taken after the

BUSINESS PROCESS IMPROVEMENT (BPI)

Analyzing business processes to determine if there is a more effective way to perform the existing ones, or if they should be completely re-designed. Typical reasons for BPI include outmoded processes or

BUSINESS SCENARIO

A business scenario is a view of a possible future external environment based on a set of assumptions about important uncertainties which face the business and which may affect organizational performance.

BUSINESS-TO-BUSINESS (B2B) EXCHANGE

An electronic commerce exchange where networks are used to connect institutional buyers and sellers of ASSETS, goods or services. See also ALTERNATIVE TRADING SYSTEM, BUSINESSTOCONSUMER (B2C) EXCHANGE, ELECTRONIC COMMUNICATIONS NETWORK.

BUY AND WRITE

Strategy requiring the simultaneous purchase of underlying securities and the writing of call options over those securities representing the same number of those securities.

BYPRODUCT

A secondary result, unintended but inevitably produced in doing or producing something else.

ATTRIBUTES DATA

Data that represents units. It is used to show the amount of that unit that is owned and how it responds to a variable.

ADD-ONS

Additional fees charged to the price of a good or service.

ADMINISTRATIVE ORDER

An order issued to a party to correct a wrong done or to stop a current harmful activity.

ADVERSE BALANCE

When more money is taken out of an account than it has in it. This account is linked to a country not an individual.

AEROBIC

A term meaning that an activity requires oxygen to complete its work. Refer to anearobic.

AGENCY PAYMENTS

Payments made between government agencies for services exchanged. They are not on the budget.

AGGRAVATING CIRCUMSTANCE

A condition that makes the accused more liable. The more severe punishment is given to cases with brutality. Refer to mitigating circumstance.

ALLIN COST

The total price that has explicit, implied, paid, and incurred costs in it.

ALTERNATE BENEFICIARY

A party as a back up to a beneficiary. They will get any inheritance. Insurance uses it as well. It is more common in real estate or personal property.

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