When intrafirm information is exchanged such as employment terms, policies, benefits and operation manuals.

Property used for the production of income, such as an office, or using your car for non-commuting business purposes.

ACONVERTIBLE BOND that stands little or no chance of being converted into the issuer

A TAKEOVER or LEVERAGED BUYOUT where a portion of the target company

A three-legged option spread in which each leg has the same expiration date but different strike prices. For example, a butterfly spread in soybean call options might consist of one long call

A graphical advertisment, smaller than a banner ad, typically measuring 120 x 90 pixels.

The Buttonwood Agreement, which took place on May 17, 1792, started the New York Stock & Exchange Board (now called the New York Stock Exchange, NYSE). This agreement was signed by twenty-four

The Buy American Act (BAA – ) passed in 1933 by Congress and signed by President Roosevelt, required the United States government to prefer U.S.-made products in its purchases.

Buy and hold is a long term investment strategy based on the view that in the long run financial markets give a good rate of return despite periods of volatility or decline.

Strategy requiring the simultaneous purchase of underlying securities and the writing of call options over those securities representing the same number of those securities.

An order typically from a large institutional investor to a broker to purchase all the shares available at the market from the specialist and other brokers and dealers at the current offer

An agreed sum offered by the seller if the buyer returns (resells) the PRODUCT to him. The buy-back allowance may only be forthcoming against a replacement purchase, and so can be used

A DEDUCTIBLE on an INSURANCE contract that is eliminated through payment of an incremental PREMIUM, thus providing the INSURED with FIRST DOLLAR COVERAGE in the event of a loss.

Obtaining a lower interest rate (buying down the rate) by paying additional points to the lender. The lower rate may apply to the full duration of the loan or just the first

A purchase of shares by a broker after a seller has failed to deliver similar shares, the original seller being charged any difference in cost or a purchase of shares in a

When a purchase is made based on an examination of the item.

When a purchase is made based on a sample presentation of the item.

When a purchase is made based on a description of the item.

Also known as a buyout agreement, is a binding agreement between co-owners of a business that governs what happens if a co-owner dies or is otherwise forced to leave the business, or

An ORDER given by a client to a BROKER to purchase all of a SPECIALIST