What is Baltic Dry Index (BDI) in Finance? DefinitionThe Baltic Dry Index is a measure of the cost of shipping out raw materials such as steel, iron ore, coal, cement, etc. It is a shipping ...
What is the definition of a Ballpark Figure?DefinitionA ballpark figure, also known as order of magnitude, is a numerical approximation or estimate of the value of a thing to fall within a particular ...
What is the definition of a Balloon Payment?DefinitionA balloon payment is a financial term used to describe the lump sum payment attached to a loan, mortgage, or commercial loan. This payment is...
What is a Balanced Scorecard?DefinitionA balanced scorecard (BSC) is a strategic planning and management metric used by organizations to effectively communicate their goals and targets, organize ...
What is a Balanced Investment Strategy?DefinitionA balanced investment strategy is a technique used in portfolio allocation by combining the investments in a portfolio with the aim of balancing r...
What is a Balanced Fund?DefinitionA balanced fund, also known as asset allocation fund, is commonly classified by its equal asset allocation in a single portfolio. It is a mutual fund that compri...
What is a Balanced Budget?DefinitionA balanced budget is a financial term used to refer to a budget that does not have its expenses exceeding its revenues. It occurs when revenue is equals to or ...
What is a Balance of Trade (BOT)?DefinitionBalance of trade is the difference in the value of a country’s exports and its imports. It is the most vital part of a current account. It is, therefo...
DefinitionBayes’ theorem (also known as Bayes’ Law or Bayes’ Rule) is a mathematical formula for finding a probability when other probabilities are known (Conditional Probability). This theorem ...
What is the definition of a Balance Sheet?DefinitionThe balance sheet is a financial statement that reports a company’s total assets and how these assets are financed either through debt or equity p...