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...
DefinitionThe Bear Sterns was a New York City based global investment bank and financial company that collapsed in 2008 during the subprime mortgage crisis. The company was founded in 1923 and lasted ...
DefinitionA bear spread is a type of option strategy used in options trading. It occurs when an options trader purchases a contract at a higher strike price and sells at a lower strike price. For exam...
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...
What is the definition of Balance of Payments (BOP)?DefinitionBalance of Payments (BOP), also known as balance of international payments, is a record of all the financial transactions and interna...
What is Bait and Switch?DefinitionThe bait and switch is a dubious sales tactic used to lure or attract a customer by advertising a low-priced item to the customer then maneuvering them to buy a ...
What is Bail-In?DefinitionA bail-in is a means of providing help by the creditors of a company on the verge of failure by writing off debt the company is owed or converting the debt into equity, ...
What is a Benefit-Cost Ratio (BRC)?DefinitionThe benefit-cost ratio is an indicator used in a cost-benefit analysis to give an overview of a project or proposal showing the relationship between t...