When two suppliers compete. They choose their own selling price and than meet demand. The cheaper of the two will probably have more customers. Sometimes the demand is split in […]
B | Page 31
B
BERYLLIUM (BE)
A metal found in alloys that is toxic. It is used in aircrafts, rockets, missiles, spacecrafts, and nuclear reactors. If exposed for less than 50 days poisoning occurs. The result […]
BES
Lat In the Roman law. A division of the as, or pound, consisting of eight uncial, or duodecimal parts, and amounting to two-thirds of the as. 2 Bl. Comm. 462, […]
BESAILE, BESAYLE
The great- grandfather , proavus. 1 Bl. Comm. 186.
BESAYEL, BESAIEL, BESAYLE
In old Engl ish law. A writ which lay where a great- grandfather died seised of lands and tenements in fee-simple, and on the day of his death a stranger […]
BESEECH
term used to ask for something; to implore; or to seek eagerly.
BESPEAK
To indicate or signal at a trend. If stock doesnt perform than the market will not either.
BESSEMER PROCESS
When air is pushed into a furance burning off impurities. It makes pig iron more pure. It is the old method of steal manufacturing .
BEST ALTERNATIVE TO A NEGOTIATED AGREEMENT (BATNA)
The best way to handle a situation if negotiations fail. It occurs when a party won’t give in. Its used as a benchmark to compare any settlement to.
BEST AND FINAL OFFER (BAFO)
When no negotiation is possible. It happens when bids are close to eachother.
BEST ASK
The lowest price a security will sell for.
BEST AVAILABLE CONTROL MEASURE (BACM)
The best way to prevent environmental damage.
BEST AVAILABLE CONTROL TECHNOLOGY (BACT)
The most air pollutants can be reduced through current methods.
BEST AVAILABLE TECHNOLOGY (BAT)
When liquid pollutants are treated before discharge into the environment .
BEST BEFORE DATE
A date on food items. It tells when the item will spoil if kept under recommended conditions. Refer to use by date.
BEST BUY
A purchase that offers the best combination for the buyer. The delivery, price, quality, and other benefits are considered.
BEST CURRENT PRACTICE
The current best way to do a job to reach a certain goal.
BEST DEMONSTRATED AVAILABLE TECHNOLOGY (BDAT)
The best way to treat hazardous waste that commercial services offer.
BEST EFFORTS
1.stating that a certian result won’t necessarily occur. Good faith promises that it will get as close as is humanly possible. 2. A high standard that if it isn’t met […]
BEST EFFORTS UNDERWRITING
An agented NEW ISSUE of BONDS, COMMON STOCK , or PREFERRED STOCK , where the SYNDICATE attempts to place with investors as much of the issue as possible, but is […]
BEST EVIDENCE
Primary evidence , as distinguished from secondary; original, as distinguished from substitutionary; the best and highest evidence of which the nature of the case is susceptible. A written instrument is […]
BEST IN CLASS
The best performance an industry can manage. Its the benchmark set to be done or bettered. AKA best of breed. Refer to best practice .
BEST INTERESTS
When a party is delegated to take the best action for another party in the current situation. This is done when not all possibilities can be prepared for or when […]
BEST MANAGEMENT PRACTICE (BMP)
The way its best to get to the goal using the resources to the optimum level.
BEST OF TWO OPTION
A payoff thats the same as paying off two options. Refer to worst of two option .