Bank Confirmation Letter
What is a Bank Confirmation Letter (BCL)? A bank confirmation letter (BCL), sometimes called a comfort letter, is…
FXpedia
Bankruptcy
What is bankruptcy (short definition) – Bankruptcy is a federal legal process that lets an individual or business…
Bankrun
What is a bank run (plain definition) – A bank run occurs when many depositors try to withdraw…
Bankguarantee
What is a bank guarantee? A bank guarantee is a written promise by a bank to pay a…
Bankersacceptance
Definition — what a banker’s acceptance (BA) is – A banker’s acceptance is a short-term payment instrument in…
Bank
What is a bank? A bank is a licensed financial institution that accepts deposits, safeguards cash, and lends…
Bank Stress Test
What is a bank stress test? A bank stress test is a regulatory-style simulation that asks: “If the…
Bank Statement
What is a bank statement? – A bank statement is a formal record a bank provides to an…
Bank Reserve
What are bank reserves? – Bank reserves are the cash holdings that commercial banks maintain so they can…
Bank Rating
What is a bank rating? A bank rating is a shorthand score—letters, numbers, or both—assigned to a bank…
Bank Identification Number
What is a Bank Identification Number (BIN)? A Bank Identification Number (BIN), also called an Issuer Identification Number…
Bank Deposits
What is a bank deposit (definition) – A bank deposit is money placed into an account at a…
Bank Credit
What is bank credit (short definition) – Bank credit is the total amount of money a bank makes…
Bank Capital
What bank capital is (simple) – Bank capital = a bank’s net worth or equity: assets minus liabilities.…
Bank Bill Swap Rate Bbsw
What is the Bank Bill Swap Rate (BBSW)? – Definition: The BBSW is a short-term benchmark interest rate…
Bandwagon Effect
Definition – The bandwagon effect is a social-psychological tendency to adopt beliefs or behaviors mainly because other people…
Bancassurance
What is bancassurance? – Bancassurance is a distribution arrangement in which a bank makes insurance products available to…
Baltic Dry Index
What is the Baltic Dry Index (BDI)? – Definition: The Baltic Dry Index (BDI) is a daily freight…
Ballpark Figure
What is a ballpark figure? A ballpark figure is a quick, rough numerical estimate used when the exact…
Balloonloan
What is a balloon loan (short definition) – A balloon loan is a loan that is not fully…
Balloon Payment
Title: Balloon payments — what they are, how they work, and when borrowers use them Definition – Balloon…
Balancesheet
What is a balance sheet? – A balance sheet is a financial statement that records a company’s resources…
Balancedscorecard
Definition (short) – The Balanced Scorecard (BSC) is a strategic performance framework that evaluates an organization using a…
Balancedinvestmentstrategy
What is a balanced investment strategy? A balanced investment strategy mixes different asset types—most commonly stocks and bonds—to…
Balancedfund
What is a balanced fund? A balanced fund is a pooled investment (a mutual fund) that keeps money…
Balanced Budget
What is a balanced budget (short definition) – A balanced budget occurs when planned or actual revenues equal…
Bait Switch
What is bait-and-switch? – Definition: Bait-and-switch is a deceptive sales method in which a seller advertises an especially…
Bailout
What is a bailout? A bailout is a deliberate transfer of money or other resources to a financially…
Bailin
What is a bail-in (brief definition) – A bail-in is a way to rescue a distressed bank by…
Bail Bond
What is a bail bond? – A bail bond is a promise (a type of surety bond) that…
Bag Holder
Definition – Bag holder (informal): an investor who keeps holding a security whose market value has fallen substantially…
Baddebt
Definition — what “bad debt” means – Bad debt is money owed to a lender or seller that…
Bad Debt Expense
Definition – Bad debt expense is the portion of sales on credit that a company does not expect…
Bad Credit
Definition Bad credit describes a history of late or missed payments and a higher probability of future payment…
Backwardintegration
Definition and quick summary – Backward integration is a form of vertical integration in which a company moves…
Backwardation
What is backwardation (plain definition) – Backwardation is a market state for futures contracts in which the current…
Backupwithholding
What is backup withholding (short definition) – Backup withholding is a mandatory tax withholding on certain types of…
Backstop
What is a backstop? – A backstop (or back stop) is a contractual promise that ensures an issuer…
Backorder
What is a backorder (definition) – A backorder is an order a customer has placed that the seller…
Backoffice
Definition – Back office: the teams and systems in a firm that handle internal administration and operational support…
Backlog
What is a backlog? A backlog is work that has been ordered or started but not yet finished.…
Backflush Costing
Backflush costing — concise definition Backflush costing is an accounting approach that delays recording manufacturing costs until after…
Backdoor Roth Ira
What is a Backdoor Roth IRA? A backdoor Roth IRA is a legal technique that lets taxpayers whose…
Back To Back Letters Of Credit
Back-to-back letters of credit — an explainer Definition – Letter of credit (LoC): a bank promise to pay…
Back Endratio
What is the back-end ratio (debt-to-income ratio)? – Definition: The back-end ratio is a measure of how much…
Baby Boomer
Baby boomers — who they are, why they matter, and what retirement looks like Definition – Baby boomer:…
Babybond
What is a baby bond? A baby bond is a debt security issued in small face amounts (par…
B School
What is a B‑School? A “B‑School” is shorthand for a business school: an accredited college or university program…