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

BOOTING

When a computer is started up or the operating system is restarted. There are two types of booting which are (cold boots) and (warm boots). Cold Booting is simply when the computer

BORDERLINE RISK

When an applicant is of less than presentable quality according to set standards.

BORN DIGITAL

When information or a document is made in digital form and not through digitized scanning.

BORROWING POWERS

The ability to borrow more funds. A person or company with a great deal in assets and little in debt is likely to have greater borrowing power than a person or company

BOSS

A person in charge of a worker or organization. A round knob, stud, or other protuberance, in particular. A cow.

BOSTON OPTION

(1) Any OVERTHECOUNTER OPTION where PREMIUM is paid at maturity rather than trade date. (2) See BREAK FORWARD.

BOSTON PLAN

A plan where insurers agree that they will not reject property coverage on residential buildings in a slum area. Insurers agree to accept the coverage until there has been an inspection and

BOSTON STOCK EXCHANGE (BSE)

The Boston Stock Exchange (now NASDAQ OMX BX) is a regional stock exchange located in Boston, Massachusetts. The third-oldest stock exchange in the United States, it was founded in 1834. On October

BOT

The larva of the botfly, which is an internal parasite of animals. Or a robot.

BOTANICALS

A substance obtained from a plant and used as an additive, esp. in gin or cosmetics.

BOTTLE

Refer to jar. A narrow opening container that is enclosed with a cap to hold contents.

BOTTLENECK

The neck or mouth of a bottle or a point of congestion or blockage, in particular.

BOTTOM FISHING

The activity of fishing for bottom feeders or researching or investing in securities at what is believed to be the low point of a market after a decline.

BOTTOM LINE

The line in a financial statement that shows net income or loss.

BOTTOM UP

Top-down and bottom-up are strategies of information processing and knowledge ordering, mostly involving software, but also other humanistic and scientific theories (see systemics). In practice, they can be seen as a style

BOTTOM-UP BUDGETING

In contrast to top down budgeting, all of the budgets that are previously prepared by managers of departments are made into one for the needs of the entire company.

BOTTOM-UP PLANNING

Strategy used in corporate planning whereby information is gathered from sales personnel, product managers, advertising personnel, and other members working in the organizational unit to set goals and create a marketing plan.

BOTULINUM COOK

The degree of heat required to ensure destruction of (virtually) all spores of Clostridium botulinum, the causative organism of botulism, which are the most resistant of bacterial spores.

BOUGHT DEAL

A NEW ISSUE of DEBT or EQUITY securities where the LEAD MANAGER and participating UNDERWRITERS commit to purchasing the entire block and then distributing through their own investor bases. The issuer is

BOUGHT-IN GOODS

In relation to diamond trading, blood diamond (also called a converted diamond, conflict diamond, hot diamond, or a war diamond) refers to a diamond mined in a war zone and sold to

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