Finance

Bank Manager: Role and Responsibilities
A Bank Manager is responsible for overseeing the operations and administration of a bank branch, ensuring compliance with regulations, managing staff, and enhancing customer satisfaction.
Bank Mandate: Detailed Overview
A comprehensive overview of bank mandates, including historical context, types, key events, detailed explanations, applicability, examples, considerations, related terms, and more.
Bank Overdraft: Financial Safety Net Explained
Comprehensive overview of bank overdrafts, including their history, types, key events, mathematical models, practical applications, and more.
Banker's Order: A Recurring Payment Instruction
A Banker's Order is a standing instruction given by a customer to their bank to make regular payments of a specified amount to another bank account at specified intervals.
Banker's Payment: Settling Inter-Bank Transactions
A comprehensive exploration of Banker's Payment, a bank draft used to settle business between two banks. Includes historical context, types, key events, mathematical models, charts, importance, applicability, examples, related terms, comparisons, interesting facts, quotes, jargon, FAQs, references, and a summary.
Bankers Automated Credit System: Streamlining Payments
The Bankers Automated Credit System (BACS) enables the direct transfer of funds from one account to another without the need for checks. It is extensively used for payments of dividends, wages, and other financial transactions.
Banknote: Promissory Note Issued by a Bank
A comprehensive guide to banknotes, including their history, types, key events, mathematical aspects, importance, applicability, examples, and more.
Banknotes: Paper Currency Issued by Banks
A detailed overview of banknotes, including their historical context, types, and economic significance.
Bankruptcy: Understanding the Legal Process
Bankruptcy is a legal state wherein an individual is unable to repay their debts. This comprehensive article covers historical context, types, key events, mathematical models, charts, importance, applicability, examples, considerations, related terms, comparisons, interesting facts, inspirational stories, famous quotes, proverbs, expressions, jargon, slang, FAQs, references, and a summary.
Bankruptcy Auction: A Public Sale of Assets to Repay Creditors
An in-depth look at Bankruptcy Auctions, their processes, types, and implications. How courts mediate these public sales and their role in repaying creditors.
Bankruptcy Law: Governing Insolvency Proceedings
Explore the comprehensive aspects of Bankruptcy Law which governs the insolvency proceedings for individuals and businesses.
Bargain Renewal Option: Cost-Effective Leasing Benefit
A comprehensive explanation of the Bargain Renewal Option, including its historical context, applications, key considerations, and relation to capital leases.
BAS: Board for Actuarial Standards
An overview of the Board for Actuarial Standards, including its history, key functions, and importance in the actuarial profession.
Base Salary: Standard Employee Compensation
A detailed definition and exploration of base salary, the standard amount paid to an employee excluding bonuses and benefits.
Base-Weighted Index: A Comprehensive Guide
An in-depth exploration of the Base-Weighted Index, its historical context, key formulas, importance, and applications in economics and finance.
Basic Commodities: Unprocessed Goods Traded Globally
Basic commodities are raw materials or primary agricultural products that can be bought and sold, such as gold, coffee, copper, and oil. These unprocessed goods are traded on global markets and form the backbone of the global economy.
Basic Rate: Standard Tax Deduction in CIS
The standard rate at which tax is deducted from payments under the Construction Industry Scheme (CIS), typically set at 20%.
Basic Standard: Fundamental Concept in Costing
A cost or income standard set in standard costing to form the basis upon which other standards are set, often exemplified by labor minutes allowed per unit of product.
Basis (Tax): The Cost of an Asset for Tax Purposes
An in-depth look at Basis in tax, including definitions, types, examples, historical context, and applicability.
Basis Point: One Hundredth of One Percent
A comprehensive guide on basis points, a critical unit in finance used for expressing fine margins in percentage terms.
Basis Point: A Unit of Measurement in Finance
A basis point is a unit of measurement used in finance to describe changes or differences in interest rates and other financial percentages. One basis point equals 0.01%.
Basis Point (bp): One Hundredth of a Percentage Point
A comprehensive understanding of Basis Point (bp), its definition, significance in finance, examples, and its application in various domains.
Basis Points: A Key Measurement in Finance
Basis Points (bps) are a unit of measure commonly used in finance to describe interest rates, yield spreads, and other percentages. Each basis point is equivalent to 0.01% (1/100th of a percent).
Bean Counters: A Derogatory Name for Accountants
The term 'Bean Counters' refers to accountants, often used in a derogatory sense to depict their meticulous attention to detail in financial records.
Bear Market: Understanding Declining Stock Markets
A comprehensive exploration of bear markets, including historical context, types, key events, and practical implications for investors.
Bear Market Rally: Temporary Recovery in a Downtrend
A bear market rally is a temporary period of rising stock prices during a broader bear market, often misleading investors into believing that the worst is over.
Bearish Pattern: Chart Patterns Indicating a Potential Decrease in Asset Price
A comprehensive guide to understanding bearish patterns, which are chart patterns indicating a potential decrease in asset prices. This article covers historical context, types, key events, detailed explanations, models, diagrams, importance, applicability, examples, and more.
Below-the-Line: Explanation and Importance
An in-depth explanation of below-the-line items in accounting, their types, significance, and applicability in firm and national income accounts.
Benchmark (Finance): Standard of Comparison in Financial Markets
A benchmark is a standard or point of reference against which things may be compared or assessed, commonly used in financial markets to measure the performance of a portfolio against a market index.
Benchmark Rates: Standardized Rates Used to Set Financial Terms
Benchmark rates serve as a reference point to set the terms for various financial instruments, influencing interest rates on loans, bonds, and other financial products.
Beneficial Ownership: True Ownership of Shares
Understanding Beneficial Ownership: The actual possession of shares even if the legal title is held by another party, granting the power to vote or influence decisions.
Beneficiary: A Comprehensive Guide
An in-depth look into the concept of a Beneficiary, its various contexts, historical significance, types, key events, related terms, and more.
Benefit Period: Duration of Insurance Benefits
A detailed look into the Benefit Period in insurance policies, including historical context, types, key events, and its significance.
Benefit-Cost Ratio: An Essential Financial Evaluation Tool
An in-depth examination of Benefit-Cost Ratio, its historical context, calculation methods, importance, applicability, examples, and related concepts in finance and economics.
Benefits: An Overview of Various Types
A comprehensive exploration of different types of benefits including defined benefit, fringe benefits, housing benefit, marginal benefit, means-tested benefits, sickness benefit, social security benefits, supplementary benefit, unemployment benefit, and universal benefit.
Best Execution: Ensuring Optimal Trade Outcomes
The duty of brokers to execute trades under the most favorable terms for their clients, ensuring optimal conditions in terms of price, cost, speed, likelihood of execution, and settlement.
Beta Coefficient: Understanding Market Risk
An in-depth look at the beta coefficient, its historical context, calculation, types, and importance in assessing the riskiness of an asset in relation to the market.
Betting Duty: Tax on Betting Activities
An in-depth look at Betting Duty, its historical context, types, key events, calculations, and significance in the world of finance and gambling.
BGC: Abbreviation for Bank Giro Credit
A comprehensive look into Bank Giro Credit, its historical context, usage, importance, and more.
Bid: Pricing and Acquisition Strategies in Finance
An in-depth exploration of bids in the financial market, including types, historical context, key events, and applications.
BID: Understanding the Basics and Beyond
A comprehensive overview of BID, covering definitions, types, historical context, key events, mathematical models, importance, examples, and related terms.
Bill of Exchange: An Overview
An unconditional order in writing requiring the drawee to pay a specified sum of money at a fixed or determinable future time to the payee or bearer, enabling the transfer of enforceable rights to money.
Bill Rate: Understanding the Discount Rate on Bills of Exchange
The Bill Rate, or discount rate, is the rate at which bills of exchange are discounted on the discount market. It varies based on the quality of the bill and the associated risk.
Billable Hour: Professional Chargeable Hours
An in-depth look into billable hours, their historical context, significance in various industries, and practical considerations.
Billing Period: Duration for Which the Bill Accounts
A billing period is the set duration during which charges are calculated and recorded before being billed to the customer.
Bills Payable: Financial Obligations in Business
A comprehensive guide to understanding bills payable, including their significance, types, historical context, and how they impact a business's financial health.
Bills Receivable: Understanding the Concept and Its Importance
Bills Receivable refer to an item in a firm's accounts under current assets, summarizing the bills of exchange being held until the funds become available when they mature. Learn more about their historical context, key events, importance, and examples.
Binomial Pricing: Valuation Method Based on Binomial Distributions
Binomial pricing is a valuation method used to price options, relying on the assumption that asset prices follow a binomial distribution. This method involves constructing a portfolio with the underlying asset and risk-free asset to match the option's pay-offs and determine its price by avoiding arbitrage possibilities.
Bitcoin Fork: A Split from the Bitcoin Blockchain
A Bitcoin Fork involves a split from the Bitcoin blockchain, creating a new cryptocurrency with varied features and improved functionalities.
BlackRock: A Major Player in Investment Management
BlackRock is a leading global investment management corporation offering a comprehensive range of asset classes and financial services.
Blank Check: Financial Term Explained
A Blank Check is a financial instrument or concept where the amount can be filled in as needed. It is often used to illustrate a situation of unrestricted authority or unlimited power.
BME: The Holding Company for All Stock Exchanges in Spain
An in-depth look at Bolsas y Mercados Españoles, the institution that encompasses all stock exchanges in Spain, its historical context, operations, and significance.
Bond Agreement: Comprehensive Overview
An in-depth exploration of bond agreements, including their contractual obligations, historical context, types, key events, and practical applications.
Bond Counsel: Legal Advisors for Municipal Bonds
A Bond Counsel provides the legal opinion necessary for the issuance of municipal bonds, ensuring their legality, tax-exempt status, and compliance with regulations.
Bond Insurer: An Overview of Monoline Insurers
A comprehensive exploration of bond insurers, their role in the financial markets, key events, types, and much more.
Bond Issuance: A Detailed Examination
An in-depth look into the process by which bonds are released to investors, including historical context, types, key events, and examples.
Bond Market: Marketplace for Debt Securities
An in-depth look into the Bond Market, where investors engage in the buying and selling of debt securities, understanding its history, significance, types, and key events.
Bond Prospectus: Informative Document for Potential Investors
A Bond Prospectus is a document designed to inform potential investors about the bond and the issuing entity, offering detailed information to help investment decisions.
Bond-Rating Agency: Assessing Creditworthiness
An agency specializing in assessing the creditworthiness of governments, municipalities, and corporations issuing bonds. Standard and Poor and Moody's are leading US bond-rating agencies.
Bonds: Defining Debt Securities and Investment Instruments
Comprehensive overview of bonds: debt instruments representing a loan made by an investor to a borrower, including traditional bonds, structured notes, and their significance in finance.
Book of Prime Entry: Foundation of Accounting
A book or record in which certain types of transactions are recorded before becoming part of the double-entry bookkeeping system. The most common books of prime entry are the day book, the cash book, and the journal.
Book-Keeper: The Backbone of Financial Accuracy
A Book-Keeper is a professional responsible for recording financial transactions, maintaining accurate financial records, and ensuring the financial health of a business.
Book-Keeping: The Backbone of Financial Management
Book-keeping involves the meticulous keeping of the books of account of a business, enabling the compilation of profit and loss accounts and balance sheets. It is the foundation of sound financial management and reporting.
Bookkeeping: Systematic Recording of Financial Transactions
Bookkeeping involves systematically recording financial transactions, forming a subset of accountancy but not encompassing broader analysis and reporting.
Bookrunner: Lead Underwriter in IPOs
An in-depth look at the role of a bookrunner, particularly in the context of Initial Public Offerings (IPOs).
Borrow Fee: A Fee Charged For Borrowing Shares
A comprehensive understanding of the borrow fee, a fee charged by the brokerage to the short seller for borrowing shares. Learn about its definition, types, calculations, historical context, and more.
Borrowing: Incurring Debts to Finance Spending
Borrowing involves incurring debts to finance spending, utilized by individuals, firms, and governments to achieve various financial goals and investment opportunities.
Börse: Stock Exchange for Aktien Trading
An in-depth look at Börse, the stock exchange where shares (Aktien) are traded. Covering historical context, types, key events, models, and much more.
Bounced Cheque: Understanding Insufficient Fund Issues
A comprehensive guide on bounced cheques, covering historical context, types, key events, explanations, formulas, charts, importance, examples, and related terms.
Branch Accounting: A Detailed Overview
An accounting system in which each department or branch of a business is established as a separate cost centre or budget centre. The net profit per branch may be added together to arrive at the profit for the whole business.
Bridging Loan: Short-Term Financial Solution
A bridging loan is a short-term loan used to bridge the gap between the purchase of one asset and the sale of another, commonly used in the property and housing market.
British Pound (GBP): The Currency of the United Kingdom
The British Pound (GBP), also known as Pound Sterling, is the official currency of the United Kingdom. It is one of the oldest and most traded currencies in the world.
Broker: Specialized Agent Facilitating Contracts
An agent who brings two parties together, enabling them to enter into a contract to which the broker is not a principal. The broker's remuneration consists of a brokerage, often calculated as a percentage of the contract sum but may also be fixed. Brokers are used for their specialized market knowledge or to conceal the identity of a principal.

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