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

BEHAVIORAL SCHOOL OF MANAGEMENT

The idea that psychological methods work better as motivation. Refer to contingency school of management, quantitative school of management, and systems school of management.

BEIGE BOOK

A report the Federal Reserve makes to show the economic conditions. 12 Federal Reserve Banks send the data on their own summaries. Its a big market indicator and changes monetary policy.

BELBIN TEAM ROLES

People that are profiled by type when in a team. An action oriented role starts, plans, and finishes what they plan. A people oriented role coordinates, investigates, and works in the team.

BELIEFS

The ideas true to a party that believes it.

BELL CURVE

A curve shaped like a bell that indicates normal distribution.

BELL-SHAPED-CURVE PORTFOLIO

A portfolio that mostly invests in bonds with medium maturity rates. Smaller amounts are invested in small and long maturity bonds. When graphed it lookes like a bell. Refer to barbell shaped

BELLY CARGO

Cargo placed under the main deck of an aircraft or ship. Refer to deck cargo.

BELLY OF THE CURVE

The intermediate maturities of the YIELD CURVE, generally considered to include the three to sevenyear sector. See also LONG END, SHORT END.

BELLY UP

A failed venture, or a company that has filed for VOLUNTARY BANKRUPTCY or INVOLUNTARY BANKRUPTCY

BELOW COST

Acknowledging an expense when it is incurred. When paid the tranaction is recorded.

BELOW MARKET INTEREST RATE

A rate that is less than the commercial bank lending rate. They are offered to the low or moderate income customers.

BELOW PAR

A security that sells below par value. It is discounted. The face value is 100 and the discount is a factor of 100. AKA at a discount.

BELOW THE LINE

1. items not in the account total. They have no effect on gain or loss in the period. 2. using promotional methods that the marketer controls. No commission is earned by the

BELT AND SUSPENDERS

A bank that is cautios about lending. Risk is avoided with redundant safety procedures.

BENEFACTOR

An individual who financially assists another individual, such as someone who contributes to charitable organizations, or a family member that provides cash to another family member for school, etc.

BENEFICIAL OWNER

The actual owner of securities and the rightful recipient of the benefits accorded; the beneficial owner is often different from the title holder (generally a financial institution holding the securities on behalf

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