A process where UNDERWRITERS competing for an issuer
B | Page 24
B
BEAUTY PARADE
1.when a business choice is made on apperance not facts. 2. a parade of presenters who bid on a job. Their credentials are used to represent them first. Cost estimates […]
BECOME AWARE OF
This term means that you have a specific knowledge of something.
BED
1. The hollow or channel of a water-course ; the depression between the banks worn by the regular and usual flow of the water. “The led is that soil so […]
BED AND BREAKFAST DEAL
In the UK this is when a holder sells late at night on the end of the financial year . They buy it back the next morning to keep the […]
BED AND BREAKFASTING
In the UK markets, the practice of selling COMMON STOCK of a company on one day and repurchasing it the following day in order to establish a gain or loss […]
BED NIGHT
The way hotels measure occupancy. It is one person per bed per night.
BED OF JUSTICE
In old French law. The seat or throne upon which the king sat when personally present in parliament ; hence it signified the parliament itself.
BEDEL
In English law . A crier or messenger of court, who summons men to appear and answer therein. Cowell. An oflicer of the forest, similar to a sheriff’s special bailiff […]
BEDELABY
The jurisdiction of a bedel, as a bailiwick is the jurisdiction of a bailiff. Co. Litt. 2346; Cowell.
BEDEREPE
A service which certain tenants were anciently bound to perform, as to reap their landlord’s corn at harvest Said by Whishaw to be still in existence in some parts of […]
BEDROOM COMMUNITY
When a residential area is full of commuters. They work somewhere else and simply sleep at their homes.
BEER
A liquor compounded of malt and hops. In its ordinary sense, denotes a beverage which is intoxicating, and is within the fair meaning of the words “strong or spirituous liquors […]
BEER-HOUSE
In English law . A place where beer is sold to be consumed on the premises; as distinguished from a “beer-shop,” which is a place where beer is sold to […]
BEFORE
Prior to; preceding. In the presence of; under the official purview of; as in a magistrate ‘s jurat, “before me personally appeared,” etc. In the absence of any statutory provision […]
BEFORE REIMBURSEMENT EXPENSE RATIO
The value of a fund before fees are taken out.
BEFORE TAX INCOME
The income value that can be deducted from.
BEFORE-AND-AFTER RULE
Appraising property value before and after a property has been damaged or enhanced. This occurs when a property is condemned.
BEG
To solicit alms or charitable aid. The act of a cripple in passing along the sidewalk and silently holding out his hand and receiving money from passers-by is “begging for […]
BEGA
A land measure used in the East Indies. In Bengal it is equal to about a third part of an acre.
BEGGAR
One who lives by begging charity, or who has no other means of support than solicited alms.
BEGGAR MY NEIGHBOR POLICY
Also known as beggar thy neighbor policy.
BEGGING THE QUESTION
This term applies to the argument that will assume that the question that is at issue has already been proved.
BEGINNING INVENTORY
The new fiscal years assets at the start of the year.
BEGUM
In India. A lady, princess, woman of high rank.