The way gas companies measure large amounts of natural gas . Its the reserve amount used in a period of time. It is usd as a comparison the use of […]
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B
BILLIONTH
A single part in a billion. The fraction for it is 1/1,000,000,000.
BILLRECEIVABLE
In a merchant’s accounts, all notes, drafts, checks, etc., payable to him, or of which he is to receive the proceeds at a future date, are called “bills receivable,” and […]
BILLY
This term refers to a club or a bludgeon. Many police officers carry a billy.
BIMBO
It stands for buy in management buy out. It happens when inside and outside investors are involved in a merger or acquisition .
BINARY FILE
A file that has information in a computer readable form. The file can be displayed, read, or used.
BINARY OPTION
An option that has a fixed pay off that starts when an index moves beyond a range. AKA all or nothing option, bet option, digital option, or one touch option.
BINARY SYSTEM
The number system computers use. 1s and 0s are the only two digits computed. It is the foundation of digital technology.
BINARY-BARRIER OPTION
A hybrid of the BARRIER OPTION and BINARY OPTION that grants the buyer a payoff equal to a fixed cash or ASSET amount if the price of the UNDERLYING market […]
BIND
To obligate; to bring or place under definite duties or legal obligations, particularly by a bond or covenant; to affect one in a constraining or compulsory manner with a contract […]
BIND OUT
To place one under a legal obligation to serve another; as to bind out an apprentice.
BINDER
An agreement between buyer and seller. Its commonly secured by the down payment. If the buyer changes their mind the seller must return the payment.
BINDING
Something that is obligatory or a thing that is required.
BINDING ARBITRATION
an arbitration where the arbitrating parties must accept all of the findings and decisions of the arbitrator or arbitrators.
BINDING CONTRACT
When individuals agree in writing to allow the court to punish them if the defendent does not follow their contractual obligations.
BINDING INSTRUCTION
the instruction by a judge to the jury that they are bound by existing laws in their deliberations and in their ultimate verdict.
BINDING OVER
The act by which a court or magistrate requires a person to enter into a recognizance or furnish ball to appear for trial, to keep the peace, to attend as […]
BINDING RECEIPT
A temporary contract that makes an insurance company give coverage. The premium will be paid when the insurance is given. Refer to conditional receipt.
BINGO CARD
An ad sent in the mail that is the size of a post card. It has a space for a stamp on it as wel as the advertisers address.
BINOMIAL DISTRIBUTION
When something can end only two ways. It is either better or worse, yes or no, or head or tail for example. If the success probability is known than a […]
BINOMIAL TREE
A model used to show option values in different time periods at different prices. Only two prices are used in the model. The reality is that the price may have […]
BIO MONITORING
1. analyzing a sample of an organism to see if they were exposed to hazardous substances and how much. 2. using live animals to test pollution in an environment .
BIOACCUMULANT
A toxic substance that slowly builds up in a living creatures system. They are spread through air, water, or food.
BIOACCUMULATION
The way a toxic substance can build up in a body. It can make the animal or person sick or even kill them and the environment around them. AKA bioconcentration, […]
BIOACTIVE
Any substance that effects a living organism exposed to it.