DefinitionA bar chart is a popular type of trading chart that contains useful information a day trader can use to make trading decisions. It is used alongside other charts like line charts and candles...
DefinitionThe term ‘baptism by fire’ originates from a biblical text, Matthew 3:11, which says, “I baptize you with water for repentance, but one who is more powerful than I is coming after me; ...
DefinitionBanner advertising is a type of online advertising that is done through banners. It is also known as display advertising with regard to its pictorial, graphical, and textual components. Like...
DefinitionBankruptcy is a term used to describe an individual’s or organization’s inability to make payment to its creditors or fulfill its outstanding financial obligations. Though the term is mo...
Historically, most of the high paying investments in the stock market are the product of tax-free Spinoffs. However, most times investors lose out of these great benefits because of what they often th...
DefinitionA bank reconciliation is a document that matches a company’s cash balance on its balance sheet to the equivalent amount on its bank statement. Bank reconciliation is done at intervals to e...
What is Bank-Owned Life Insurance (BOLI)?DefinitionBank-owned life insurance is a type of life insurance that covers a bank both as the owner and beneficiary. Through the use of some cash-value p...
What is Bank Guarantee (BG)?DefinitionA bank guarantee is a financial term used to refer to the agreement made between three parties—the bank, the beneficiary, and the applicant. The applicant ...
What is Bank Draft?DefinitionA bank draft, also known as teller’s check, is a check provided by a bank to the customer of the bank to remit funds to a specified account. It is drawn on a bank�...
What is Bank Rating?DefinitionBank rating is a set of numerical or alphabetical ranking of banks, thrift, and other financial management organizations by Federal deposit insurance or private comp...