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Super Finance Glossary

Over 10,000 financial glossary terms...

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Browsing by the letter "B"

Displaying next 280 results of 487
Bonus
Definition: Compensation received by an employee for services performed. A bonus is given in addition to an employee's usual compensation.
Book
Definition: A banker or trader's positions.
Book Cash
Definition: A firm's cash balance as reported in its financial statements. Also called ledger cash.
Book Profit
Definition: The cumulative book income plus any gain or loss on disposition of assets.
Book Runner
Definition: The managing underwriter for a new issue. The book runner maintains the book of securities sold.
Book To Bill
Definition: The book-to-bill ratio is the ratio of orders taken (booked) to products shipped and bills sent (billed). The ratio measures whether the company has more orders than it can deliver (>1), equal amounts (=1), or less (<1). This ratio is of significant interest to investors/ traders in the high-technology sector.
Book To Market
Definition: The ratio of book value to market value of equity. A high ratio is often interpreted as a value stock (the market is valuing equity relatively cheaply compared to book value). This is the same as a low price-to-book value ratio. Value managers often form portfolios of securities with high book to market values.
Book Transfer
Definition: A series of accounting or bookkeeping entries used to settle a series of cash market transactions.
Book Value
Definition: A company's total assets minus intangible assets and liabilities, such as debt. A company's book value might be higher or lower than its market value.
Book Value Per Share
Definition: The ratio of stockholder equity to the average number of common shares. Book value per share should not be thought of as an indicator of economic worth, since it reflects accounting valuation (and not necessarily market valuation).
Book-Entry
Definition: Registered ownership of stock without the issuance of a corresponding stock certificate, as is the case with dividend reinvestment and direct purchase plans, employee plans and Direct Registration System issuances. Periodic statements of ownership are issued instead of certificates.
Book-entry Securities
Definition: Securities which are not represented by paper certificates but are maintained in computerized records at the Fed in the names of member banks, which in turn keep computer records of the securities they own as well as those they are holding for customers. In the case of other securities where a book-entry has developed, certificates reside in a central clearinghouse or are held by another agent. These securities do not move from holder to holder.
Booking The Basis
Definition: A forward pricing sales arrangement in which the cash price is determined either by the buyer or seller within a specified time. At that time, the previously-agreed basis is applied to the then-current futures quotation.
Bootstrap
Definition: Term used to describe the start-up of a company with very little capital.
Bootstrapping
Definition: Creating a theoretical spot rate curve using one yield projection as the basis for the yield of the next maturity. Bootstrapping follows the work of Efron. It involves a Monte Carlo approach.
Borrow
Definition: To obtain or receive money on loan with the promise or understanding that it will be repaid.
Borrowed Reserves
Definition: Funds borrowed from a Federal Reserve Bank by member banks to maintain the required reserve ratios.
Borrower Fallout
Definition: In the mortgage pipeline, the risk that prospective borrowers of loans committed to be closed will elect to withdraw from the contract.
Boston Exchange Automated Communication Order-Routing Network (BEACON)
Definition: This system permits the automatic execution of trades based on the current stock prices on the consolidated markets at any of the US securities exchanges.
Bottom
Definition: Refers to the base support level for market prices of any type. Also used in the context of securities to refer to the lowest market price of a security during a specific time-frame.
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