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

BROUGHT FORWARD

The act of bringing a previously recognised value that was determined in the past, e.g. a balance brought forward from the previous accounting period at the start of a new accounting period.

BROUTER

A Bridge Router or brouter is a network device that works as a bridge and as a router. The brouter routes packets for known protocols and simply forwards all other packets as

BROWN BAGGING

The practice of bringing one’s own packed lunch to work or the practice of bringing one’s own liquor to a restaurant or club that cannot sell alcoholic beverages.

BROWN GOODS

Small appliance refers to a class of home appliances that are portable or semi-portable or which are used on tabletops, countertops, or other platforms in the United States of America (in the

BROWNFIELD SITE

Brownfield sites are abandoned or underused industrial and commercial facilities available for re-use. Expansion or redevelopment of such a facility may be complicated by real or perceived environmental contaminations.

BROWNOUT

A power outage (also known as a power cut, power failure, power loss, or blackout) is a short- or long-term loss of the electric power to an area.

BROWSER

A person who looks casually through books or magazines or at things for sale, an animal that feeds mainly on high-growing vegetation or a program with a graphical user interface for displaying

BROWSER CACHE

Web caching is the caching of web documents (e.g., HTML pages, images) to reduce bandwidth usage, server load, and perceived lag. A web cache stores copies of documents passing through it; subsequent

BROWSING

Survey objects casually, esp. goods for sale, scan through a book or magazine superficially to gain an impression of the contents, read or survey (data files), typically via a network or (of

BRUNDTLAND REPORT

Our Common Future, also known as the Brundtland Report, from the United Nations World Commission on Environment and Development (WCED) was published in 1987.

BRUSSELS TARIFF NOMENCLATURE (BTN)

A list of classification of commodities for Customs purposes which is also used as a basis for their freight tariff by many shipping lines. Each commodity has a unique code known as

BUBBLE COMPANY

A company whose valuation greatly exceeds that suggested by its fundamentals. The first well-documented bubble company was the South Sea Company, which caused the South Sea Bubble in 1720. A bubble company

BUCK

Common reference for million. See also TON, YARD.

BUDDY SYSTEM

A cooperative arrangement whereby individuals are paired or teamed up and assume responsibility for one another’s instruction, productivity, welfare, or safety.

BUDGET AIRLINE

A low-cost carrier or low-cost airline (also known as a no-frills, discount or budget carrier or airline) is an airline that generally has lower fares and fewer comforts. To make up for

BUDGET ESTIMATE

Estimates of government spending on various sectors during the year, together with an estimate of the income in the form of tax revenues. These estimates contain an estimate of Fiscal Deficit and

BUDGET FARE

Either a heavily restricted discounted fare of a normal airline or the normal budget.

BUDGET HEARING

A meeting that is usually open to the general public to discuss a business or government budget. Individuals from the community can openly ask questions and they will be answered by the

BUDGET SURPLUS

The primary deficit is defined as the difference between current government spending and total current revenue from all types of taxes.

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