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

BARONE ADESI & WHALEY MODEL

A mathematical formula used to decide american options value for equity. The black scholes option pricing model is used to help this. AKA quadratic approximation method.

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.

BARRIER MATERIAL

Material used to make barrels. It is meant to stop leaking of gas, liquid, and radiation.

BARRIER OPTION

A COMPLEX DERIVATIVE contract that creates or extinguishes an underlying EUROPEAN OPTION as the price of the market reference moves through a specified BARRIER. Four versions of the barrier option are commonly

BARRIERS TO COMMUNICATION

The issues that prevent communication in an office. Some of these barriers are status, gendre, cultural, prejucdices, and environment.

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

BARRIERS TO EXIT

1.something that stops a firm from leaving uncompetitive markets or removing a nonprofitable product off the market. 2. restrictions put on industries who want to close down or restart. It is made

BASE

1. a compound that reacts with acid to neutralize it. The result is water and salt. 2. a single digit symbol in a number system. 3. a numer raised to a power.

BASEBAND

When bandwidth is sent on a single signal. Only one channel is usable at a time. Its cheaper and simpler. Local area networks use this.

BASELINE

1. the starting point for comparison. 2. the basic proposal given when a request is sent out. Refer to acquisition program baseline, contracnt budget baseline, and performance measurement baseline. 3. the line

BASIC

It stands for beginners all purpose symbolic instruction code. It makes it easy for a user to interact with a program. Microsoft turned this into DOS and visual basic programs. It acts

BASIC ACCOUNTING EQUATION

How income, expenses, and ownership are related in a company. Idealy income should cover expenses with extra left over.

BASIC FINANCIAL STATEMENTS

A report made the way the GAAP dictates it should be. It is used to evaluate operations. This can be a balance sheet, income statement, or cashflow statement.

BASIC ORDERING AGREEMENT

A contract between buyer and seller. It lists the terms for the period, prices, and special instructions.

BASIC PREMIUM

The part of premium used for administrative and agents costs.

BASING RATE

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

BASIS

1.the days in a year used for interest computation. 2. when adjustments are made between currencies. 3. the price difference between the cash and futures market for an asset. 4. the purchase

BASKET SWAP

A CREDIT DERIVATIVE contract that involves the exchange of a fixed or floating PREMIUM for a compensatory payment if one or more reference credits in a predefined BASKET DEFAULTS. The swap provides

Topic Archives:

Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.