Glossary

Back office Bad debt Balance sheet Bank draft Bank guarantee Bank rate Bank statement Banking covenant Bankruptcy Basel Accords Basis point Bear market Beneficial ownership Beneficiary Bid price Bid-ask spread Bilateral contract Bill discounting Bill of exchange Billing Blanket lien Blocked account Blue chip Bond Book value Bookkeeping Borrower Break-even point Bridge financing Broker Brokerage fee Budget Budget variance Bullet loan Bullet payment Business credit Business cycle Business valuation Buyback agreement Buyout