Understanding Bid and Asked Prices in Financial Markets, their Role in Quotations, and the Significance of the Spread.
An in-depth look into why the New York Stock Exchange (NYSE) is commonly referred to as the 'Big Board'. This entry explores the historical context, significance, and evolution of this iconic financial term.
An in-depth exploration of large corporations in the United States, their assets, and the competitive international landscape they navigate.
Comprehensive explanation of Big-Ticket Items, their characteristics, examples, financial implications, and more.
The Bigger Fool Theory, also known as the Greater Fool Theory, is a financial concept that describes the behavior of investors who buy overvalued assets with the hope of selling them at a profit to someone else (the 'greater fool').
A comprehensive guide to Bills of Exchange, covering their definition, types, usage, historical context, and related financial instruments.
A comprehensive guide to understanding Billing Cycle, including its definition, types, historical context, and practical applications.
A comprehensive explanation of biweekly loans, a type of mortgage that requires principal and interest payments at two-week intervals, accelerating the loan amortization process.
A detailed examination of Black Friday, its origins, and its implications in financial markets.
A comprehensive overview of Black Monday, the historic stock market crash that occurred on October 19, 1987.
Black-Box Accounting refers to accounting methodologies so complex that they obscure the clarity of financial statements, despite being accurate and legal.
An in-depth analysis of the Black-Scholes Option Pricing Model, developed by Fischer Black and Myron Scholes, which is used to determine whether options contracts are fairly valued. The model incorporates volatility, interest rates, underlying stock prices, and time to expiration.
A blanket fidelity bond is a type of insurance policy that provides coverage for an employer against losses caused by the dishonest acts of its employees.
Blanket Insurance provides a single policy covering two or more different kinds of property in the same location, the same kind of property in multiple locations, or multiple kinds of property in multiple locations. Ideal for businesses such as chain stores, it allows for flexible merchandise movements without specific limits on each property.
A detailed exploration of blanket mortgages, covering their definition, types, uses, special considerations, examples, historical context, and comparison with other mortgage types.
Understanding the practice of 'Bleeding a Project' in new construction and real estate management, including implications, examples, and historical context.
A comprehensive overview of the blended rate, a time- and rate-weighted effective billing rate, interest rate, or tax rate, with detailed explanations, examples, and considerations.
An explanation of the blended value concept, which represents the average value of tendered stock and residual stock in a self-tender offer.
A Blind Pool is a limited partnership that does not specify its intended investments, focusing instead on the promoter's track record.
A blind trust is a trust where the assets are not disclosed to the owner, preventing potential conflicts of interest while the owner is in an official public capacity.
In finance, a block refers to a large quantity of stock or a large dollar amount of bonds held or traded. Typically, 10,000 shares or more of stock and $200,000 or more worth of bonds are considered a block.
Block Sampling is a judgment sample method where accounts or items are chosen sequentially. Once the initial item in a block is selected, the entire block is automatically included.
A detailed explanation of Blockage Discount, its implications in estate valuation, and various considerations.
Bloomberg LP is a major business and financial news broadcaster, known for offering various services including interactive TV, telephone news services, a personal finance magazine, books, and radio and television broadcasts.
Comprehensive overview of blowout merchandising in retail and finance, including definitions, types, examples, historical context, and application.
A deeper look into Blue-Chip Stocks, their significance in investment strategy, historical context, and practical applications.
The Board of Equalization is a government entity responsible for ensuring fair and uniform property tax assessments at both local and state levels. It reviews tax assessments to confirm they are equitable and adhere to legal guidelines.
The Board of Governors of the Federal Reserve System is the seven-member managing body responsible for setting policy on banking regulations and the money supply, crucial for regulating inflation, interest rates, and economic growth.
Explore the dual nature of boardrooms: as spaces for stockbroker activities and corporate board meetings, along with their significance and functionality.
Comprehensive definition and exploration of Boiler Rooms, their operations, fraud mechanisms, associated risks, and legal implications.
The term 'Bolsa' refers to the stock exchange in Spanish-speaking countries, such as Spain, Mexico, Chile, and Argentina. It is equivalent to 'Bourse' in French and 'Borsa' in Italian, all meaning 'purse.'
A bond broker is a professional who executes bond trades either on the floor of an exchange or over the counter for corporate, U.S. government, or municipal debt issues, primarily for large institutional accounts.
A comprehensive exploration of bond discount, its causes, implications, and examples, including zero-coupon bonds.
A detailed explanation of bond premium, its amortization, special considerations, and examples.
An in-depth look at the method of bond rating, including the role of rating agencies such as Fitch Ratings, Standard & Poor's, and Moody's Investors Service, and the implications of different bond ratings.
Comprehensive overview of Bond Yield, its various types, calculation methods, and its significance in finance.
Bonded debt refers to the portion of a corporation's or government's total debt that is represented by issued bonds, highlighting secured financial obligations and their implications.
Bonded Goods refers to items brought into a country that are stored in a bonded warehouse until all applicable duties and taxes are paid.
A bonus is additional compensation paid to an employee for achieving specific goals or an unexpected benefit arising from particular actions.
A detailed explanation of 'Book' in various financial and accounting contexts, including its significance in underwriting, securities, and record-keeping.
An in-depth guide to Book Depreciation in Accounting: Its significance, methods, examples, and related concepts.
An in-depth understanding of Book Inventory, comparing with Physical Inventory, and its importance in business management.
A detailed exploration of what constitutes a book of account, its types, importance, and usage in accounting.
Understanding the concept of book profit or loss, its implications in accounting and finance, and its distinction from realized profit and loss.
Book value refers to the value of individual assets calculated by subtracting depreciation from the actual cost. This value often differs from the market value.
A comprehensive guide to book-entry in financial markets, its benefits, mechanisms, and applicability.
Book-Entry Securities are financial instruments that exist solely in electronic form and do not have physical certificates. These include various types of bonds, stocks, and other securities recorded and tracked through computerized systems.
The Book-to-Bill Ratio is a critical measure used to assess the health of the semiconductor industry by comparing the orders booked for future delivery to orders being shipped immediately.
A bookkeeper meticulously records financial transactions, ensuring the accuracy and organization of accounting systems. While not often holding the advanced education of an accountant, a bookkeeper's role is fundamental to the accounting process.
Bootstrap Acquisition refers to any of several forms of buyout where a buyer finances an acquisition in part with the target corporation's excess cash or liquid assets.
Borrowed Reserve refers to funds borrowed by member banks from a Federal Reserve Bank to maintain required reserve ratios.
A detailed look into what constitutes a borrower, their obligations, and associated terms in financial contexts.
An in-depth look into how borrowing against securities can amplify investment potential, including mechanisms, benefits, risks, and regulatory considerations.
Comprehensive explanation of 'Bottom' as a support level in market prices, including its significance in various contexts such as general markets, economics, and securities.
A Bottom Fisher is an investor who seeks opportunities in investments that have fallen to their lowest prices and are expected to bounce back. This strategy sometimes involves investing in bankrupt or near-bankrupt firms.
An in-depth exploration of the Bottom-Up Approach to Investing, focusing on the search for outstanding performance of individual stocks before considering the broader market perspective. This approach contrasts with the Top-Down Approach to Investing.
Comprehensive overview of the term 'Bounce' in banking, securities, stock markets, and electronic mail.
The term 'Bourse' refers to a stock exchange, derived from French, commonly used in Europe to denote financial markets for trading securities.
Definition and applications of BOY in various contexts like finance, accounting, and business.
Bracket Creep refers to the phenomenon where taxpayers are pushed into higher income tax brackets due to income rises aligned with inflation, increasing government revenue without changes in tax rates.
An in-depth overview of the responsibilities, roles, and qualifications of a Branch Office Manager in the context of securities brokerage firms and banks.
Comprehensive definition of 'BREAK' in financial and investment contexts, covering pricing structures, market fluctuations, accounting discrepancies, and fortuitous events.
Break-Even Analysis is a financial analysis method that identifies the point where total revenue equals total expenses, resulting in neither profit nor loss. This is crucial for businesses to determine the minimum sales needed to avoid financial loss and understand the impact of cost and revenue changes on profitability.
Understand the break-even point across various sectors including finance, real estate, and securities, and its significance in determining profit and loss thresholds.
An in-depth examination of what it means when a money market fund's NAV falls below $1, causing significant implications for investors and the financial market.
A bridge loan is a short-term loan, also referred to as a swing loan, which is utilized to meet immediate financial needs in anticipation of intermediate-term or long-term financing.
A comprehensive overview of brokers, their roles, types, and relevance in various industries including finance, real estate, and more.
The interest rate at which stockbrokers borrow from banks to cover clients' securities positions, usually close to the prime rate.
Detailed definition and explanation of Broker-Dealer, its functions, regulations, types, and its role in financial markets.
An explanation of a Broker's Opinion of Value (BOV), its purpose, differences from appraisals, and its use in real estate transactions.
A comprehensive overview of brokerage covering the business activity of being a broker, types of brokerage, commissions, and more.
An in-depth exploration of brokerage allowance, a commission paid by the seller to the broker for arranging a sale, typically defined as a percentage of the selling price. This term often applies to transactions where the broker does not take possession of the goods sold.
A Brokered CD is a Certificate of Deposit issued by a bank or thrift institution and sold by a brokerage firm. These CDs often offer higher yields, federal deposit insurance, and liquidity through a secondary market.
A detailed explanation of the Budget Constraint, its significance in economics, and its relationship with the Budget Line.
A comprehensive guide to understanding budget deficits, including their implications, causes, examples, and methods of management across governments, corporations, and individuals.
A detailed examination of the budget line concept, including its formulation, properties, and significance in economics. This entry explains how the budget line illustrates the combinations of two goods or services that can be purchased with a given income and the prices of these goods or services.
Explore what a Budget Mortgage is, its components, advantages, and how it differs from other types of mortgages. Learn about the practical implications, historical context, and related financial terminology.
Build America Bonds (BABs) are taxable bonds issued by municipalities under the American Recovery and Reinvestment Act of 2009 to promote infrastructural development and job creation.
Build to Suit is a commercial real estate arrangement where a landowner constructs a building as specified by a potential tenant, then leases both the land and building to the tenant.
Discover the essence of Building and Loan Associations, their historical context, functions, and their role as a type of Savings and Loan Association.
A detailed guide to understanding Building Loan Agreements, also known as Construction Loans, including types, stages, examples, and applicability.
Exploration of the built-in stabilizer feature that directs systems toward equilibrium or stability when disturbed, with an emphasis on its economic applications.
A bull market signifies a prolonged period of rising prices in the market for assets such as stocks, commodities, and bonds, reflecting investor confidence and inducing a self-sustaining cycle of speculation and investment.
Bullion Coins are composed of precious metals such as gold, silver, or platinum, having intrinsic value as bullion. These coins are traded for their metal content rather than rarity or artistic value.
Bunching in taxation refers to the strategic concentration of gross income in one or more taxable years with the aim of minimizing tax liability or maximizing tax benefits.
An in-depth exploration of burn rate, a crucial metric for startups and other enterprises, detailing its definition, types, examples, applications, and related terms.
An exploration of burnout in psychology, detailing symptoms and causes, as well as an examination of tax shelter burnout, where investment benefits are exhausted, leading to taxable income.
A comprehensive guide to understanding Business Bad Debt, how it arises in the course of trade or business, and the implications for taxpayers.
Recurrent periods during which the nation's economy moves in and out of recession and recovery phases. Understanding business cycles helps in predicting and mitigating economic downturns.
A comprehensive guide to understanding the concept of a business day, including general definitions, financial significance, variations, and practical examples.
Comprehensive coverage to protect businesses from financial losses due to unexpected disruptions.
An insurance coverage designed to maintain business operations as closely to normal as possible in the event of a loss of a key person, owner, or partner.
A comprehensive guide on how business meals fit into entertainment expenses and business meals, including definitions, considerations, and tax implications.
Six-digit code numbers for principal business activities, utilized to classify enterprises by type of activity for IRS administrative purposes. Similar in format to the North American Industry Classification System codes.
An in-depth exploration of the concepts of Business or Trade, including definitions, types, historical context, applicability, and related terms.
An in-depth explanation of Business Property, its tax implications, and various types. Understand how Business Property is categorized and managed under tax law.
A comprehensive explanation of Business Trusts, focusing on their structure, operation, legal context, and comparison to other forms of businesses.
Understanding business value, its intangible and tangible aspects, and its significance in corporate finance and economics.
A bust-up acquisition is a type of corporate acquisition where a raider sells some of the acquired company's assets to finance the leveraged acquisition.
The act of acquiring property or goods in exchange for money, often used synonymously with bargaining.
