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Super Finance Glossary

Over 10,000 financial glossary terms...

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Browsing by the letter "B"

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Beta (Beta Coefficient)
Definition: A measure of the variability of rate of return or value of a stock or portfolio compared to that of the overall market, typically used as a measure of riskiness.
Beta Equation (security)
Definition: The market beta of a security is determined as follows: Regress excess returns of stock y on excess returns of the market. The slope coefficient is beta. Define n as number of observation numbers.
Beta=
[(n) (sum of [xy]) ]-[ (sum of x) (sum of y)]/
[(n) (sum of [xx]) ]-[ (sum of x) (sum of x)]
where: n = # of observations (usually 36 to 60 months)
x = rate of return for the S&P 500 index
y = rate of return for the security.
Related: Alpha
BF
Definition: The two-character ISO 3166 country code for BURKINA FASO.
BG
Definition: The two-character ISO 3166 country code for BULGARIA.
BGL
Definition: The pre-July 1999 ISO 4217 currency code for Bulgarian Lev.
BGN
Definition: The current ISO 4217 currency code for Bulgarian Lev.
BH
Definition: The two-character ISO 3166 country code for BAHRAIN.
BHD
Definition: The ISO 4217 currency code for Bahrainian Dinar.
BI
Definition: The two-character ISO 3166 country code for BURUNDI.
Bi-weekly Mortgage Loan
Definition: A mortgage loan on which interest and principal payments are made every half-month (total of 26 payments) as opposed to monthly payments. This results in earlier loan retirement.
Bid
Definition: The price a potential buyer is willing to pay for a security. Sometimes also used in the context of takeovers where one corporation is bidding for (trying to buy) another corporation. In trading, we have the bid-ask spread which is the difference between what buyers are willing to pay and what sellers are asking for in terms of price.
Bid Away
Definition: Refers to over-the-counter trading. Bid from another dealer exists at the same (listed) or higher (OTC) price.
Bid Bond
Definition: A bid "performance" bond consisting of a small percentage (1-3%) of the tender contract price, refunded to losers once the contract is awarded.
Bid Price
Definition: This is the quoted bid, or the highest price an investor is willing to pay to buy a security. Practically speaking, this is the available price at which an investor can sell shares of stock. Related: Ask, offer.
Bid Wanted
Definition: Used in the context of general equities. Announcement that a holder of securities wants to sell and will entertain bids.
Bid-asked Spread
Definition: The difference between the bid and the asked prices.
Bid-to-cover Ratio
Definition: The ratio of the number of bids received in a Treasury security auction compared to the number of accepted bids.
Bidder
Definition: A firm or person that wants to buy a firm or security.
Bidding Buyer
Definition: In the context of general equities, a nonaggressive buyer who prefers to await a natural seller in the hope of paying a lower price.
Bidding Through The Market
Definition: In the context of general equities, aggressive willingness to purchase a security at a premium to the inside market. Contrasts with bidding buyer.
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