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

BOILER ROOM

When a salesperson uses hard selling to sell niave parties over the phone. They often lie to the people they talk to.

BOILERPLATE

1. content that is made to fit many uses. 2. a legal language institutions use printed on the back of a contract or bill. Big law firms write them and they are

BOILING POINT

The temperature when a liquid turns into a gas. For water is is 100 degrees celcuis. A solvent based liquid has a lower boiling point. Flammable liquids have a lower still boiling

BOLDFACE

A thicker than normal typeface of a normal font. It calls attention to the text.

BOLERO

AKA Bill of Lading Electronic Registry Organization.

BOLLINGER BANDS

When three points make an upper and lower trading channel. There are two standard deviations and a middle line. When price changes its measured over 20 days for a moving average.

BOND

1.a signed promise to pay an amount to do something on a date. Documents like contracts and loan agreements are bonds. 2.a contract with three parties. One party gives guaranty to a

BOND CERTIFICATE

When an agency or company issue a certificate saying a party is owed payments. They will get them with interest charged periodically.

BOND RATINGS

The ratigs used based on risk. The ratings are AAA, AA, A, BBB, BB, B, CCC, CC, C, DDD, DD, and D. The AAA is best and the D is worse ratings.

BONEFERRONI TEST

A test for analysis that decides if results of analysis are worthwhile.

BONUS DEPRECIATION

A US taxpayer can take 50% of an assets value during its year in service. The rest is a regular depreciation amount in the taxes. Any asset bought after December 31, 2007

BONUS-MALUS SYSTEM

A program that gives negative bonus for a poor job done. If an employee doesn’t meet objectives they are fined. Its not a popular motivation system.

BONUS-PENALTY CLAUSE

A bonus offered for completing a project without cost overruns. A penalty is charged in the amount of any overcharges. The carrot and stick approach keeps projects on budget and schedule.

BOOK BUILDING

Getting new investors to buy a new security issue. The more the interest the more demand on an issue and that changes the price of it.

BOOK CLUB

A firm that sells books to members by mail or internet. The member must buy a certain amount of books to get discounts. It is run on an opt in method and

BOOK ENTRY

A notation of a transaction on accounting books.

BOOK INVENTORY SYSTEM

Inventory control that keeps a running total and new purchases are added to it while sales are subtracted.

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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.