Book Runner: Definition, Duties, Vs. Other Underwriters
• A book runner is the primary underwriter and lead coordinator when new securities (equity, debt, or other instruments) are issued. As the party…
Bookie: Definition, Meaning, Duties, How They Make Money, and Fee
• A bookie—short for bookmaker—is a person or firm that takes bets on events (most often sporting contests), determines the prices (odds), accepts wagers,…
Book Building
• Book building is the method an underwriter (typically an investment bank) uses to discover an IPO price by collecting bids from institutional investors…
Bonus Issue of Shares: Definition and How It Works
A bonus issue (also called a scrip issue or capitalization issue) is when a company gives existing shareholders additional shares for free, in proportion…
Bonus Depreciation: What It Is and How It Works
• Bonus depreciation is an accelerated tax write‑off that lets a business deduct a large portion — sometimes the entire cost — of certain…
Bonus: Definition, Different Types, and Tax Treatment
A bonus is extra pay or compensation that an employer gives beyond an employee’s regular wage or salary. It can be cash, shares, stock…
Bond Ratings? Definition, Effects, and Agencies
A bond rating is a letter-grade assessment, issued by specialist agencies, that summarizes how likely an issuer is to make scheduled interest payments and…
Bond Quote: Definition, How to Read for Trading, and Example
• A bond quote reports the market price of a bond plus key identifying details (coupon, maturity, credit rating, etc.). Prices are normally shown…
The Bond Market and Debt Securities: An Overview
• The bond market — also called the debt market, fixed‑income market, or credit market — is where debt securities are issued and traded.…
Bond Ladder: Overview, Benefits, and Examples
• A bond ladder is a collection of fixed-income securities (bonds) with staggered maturity dates so that part of the portfolio matures at regular…