Personal Finance Terms

  1. Bank Insurance Fund (BIF)

  2. Bank Investment Contract - BIC

  3. Bank Letter Of Credit Policy

  4. Bank of First Deposit - BOFD

  5. Bank Panic of 1907

  6. Bank Reconciliation Statement

  7. Bank Restriction Act of 1797

  8. Bank Run

  9. Bank Statement

  10. Bank Trust Custodial Account

  11. Bank-Owned Life Insurance - BOLI

  12. Bank-Owned Property

  13. Banker's Blanket Bond

  14. Banknet

  15. Bankruptcy

  16. Bankruptcy Abuse Prevention And Consumer Protection Act - BAPCPA

  17. Bankruptcy Court

  18. Bankruptcy Financing

  19. Bankruptcy Risk

  20. Bankruptcy Trustee

  21. Banks For Cooperatives

  22. Banner Advertising

  23. Barcode

  24. Bare Trust

  25. Bargain Purchase

  26. Bargain Sale To A Charitable Organization

  27. Barriers To Exit

  28. Barry Diller

  29. Base I

  30. Base II

  31. Base Pay

  32. Basis

  33. Basket Of Goods

  34. Baycorp Advantage (Veda Advantage)

  35. BBA Mortgage Approvals

  36. Beacon Score

  37. Bear Hug

  38. Beginning Market Value (BMV)

  39. Belly Up

  40. Below Market Interest Rate - BMIR

  41. Below The Line Advertising

  42. Benchmark Surplus

  43. Beneficial Interest

  44. Beneficiary

  45. Beneficiary Clause

  46. Beneficiary Of Trust

  47. Benefit Allocation Method

  48. Benefit Allowance

  49. Benefit Expense Ratio

  50. Benefit Offset

  51. Benefit Period

  52. Benefits Received Rule

  53. Bequest

  54. Best And Final Offer

  55. Best Efforts Mortgage Lock

  56. Betterment

  57. Betterment Insurance

  58. Bi-Monthly Mortgage

  59. Bi-weekly Mortgage

  60. Bidding War

  61. Biflation

  62. Big Bath

  63. Big Box Retailer

  64. Big Data

  65. Big Five Banks

  66. Big Six Banks

  67. Big Three

  68. Big Ticket Item

  69. Bilateral Tax Agreement

  70. Bill And Hold

  71. Billing Cycle

  72. Billionaire

  73. Biofuel

  74. Biweekly Mortgage

  75. Black Friday

  76. Black Liquor Tax Credit

  77. Black Swan

  78. Blackberry Addiction

  79. Blackout Period

  80. Blank Endorsement

  81. Blanket Appropriation

  82. Blanket Bond

  83. Blanket Honesty Bond

  84. Blanket Insurance

  85. Blanket Mortgage

  86. Blanket Recommendation

  87. Bleeding Edge Technology

  88. Blind Pool

  89. Blind Taxpayer

  90. Blind Trust

  91. Blockbuster Drug

  92. Blue Book

  93. Bo Derek

  94. Board Certified In Estate Planning - BCE

  95. Bon Voyage Bonus

  96. Bona Fide Foreign Resident

  97. Bond Attorney

  98. Bond Discount

  99. Bond Insurance

  100. Bond Market Association (BMA) Swap

Hot Definitions
  1. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option is purchased and the lower premium option is sold - both at the same time. The higher the debit spread, the greater the initial cash outflow the investor will incur on the transaction.
  2. Odious Debt

    Money borrowed by one country from another country and then misappropriated by national rulers. A nation's debt becomes odious debt when government leaders use borrowed funds in ways that don't benefit or even oppress citizens. Some legal scholars argue that successor governments should not be held accountable for odious debt incurred by earlier regimes, but there is no consensus on how odious debt should actually be treated.
  3. Takeover

    A corporate action where an acquiring company makes a bid for an acquiree. If the target company is publicly traded, the acquiring company will make an offer for the outstanding shares.
  4. Harvest Strategy

    A strategy in which investment in a particular line of business is reduced or eliminated because the revenue brought in by additional investment would not warrant the expense. A harvest strategy is employed when a line of business is considered to be a cash cow, meaning that the brand is mature and is unlikely to grow if more investment is added.
  5. Stop-Limit Order

    An order placed with a broker that combines the features of stop order with those of a limit order. A stop-limit order will be executed at a specified price (or better) after a given stop price has been reached. Once the stop price is reached, the stop-limit order becomes a limit order to buy (or sell) at the limit price or better.
  6. Pareto Principle

    A principle, named after economist Vilfredo Pareto, that specifies an unequal relationship between inputs and outputs. The principle states that, for many phenomena, 20% of invested input is responsible for 80% of the results obtained. Put another way, 80% of consequences stem from 20% of the causes.
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