The date September 24, 1869 when speculators tried to corner the gold market. This started a panic and a depression resulted.
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BLACK GAME
In English law . Heath fowl, in contradistinction to red game, as grouse.
BLACK KNIGHT
A raider that makes a bid unwelcome by management. A white knight may be called to rescue the company.
BLACK LIQUOR TAX CREDIT
A tax credit that is set up to promote bio fuel but it didn’t work. Black liquor is used as a bio fuel and is the result of making pulp. […]
BLACK MARIA
A closed wagon or van in which prisoners are carried to and from the jail, or between the court and the jail.
BLACK MARKET
An illegal market when consumer goods are not easy to find and taxed highly. Prices are either higher than controlled prices or lower due to tax evasion . Black markets […]
BLACK MONDAYS
The three mondays in three Octobers over 68 years that the Dow Jones plunged causing world wide losses. October 28 1929, October 19 1987, and October 27 1997 are the […]
BLACK MONEY
Cash that is not taxed or recorded involved in the black economy or organized crime . It must be laundered to become legitimate .
BLACK RENTS
In old English law . Rents reserved in work, grain, provisions, or baser money, in contradistinction to those which were reserved in white money or silver, which were termed ” […]
BLACK SCHOLES OPTION-PRICING MODEL
How European options are valued for the sake of equities. The stocks volatility, price, dividends, interest rates, and expiration are used. The assumptions used are no dividend pay, simultaneous trading, […]
BLACK THURSDAY
The day October 24, 1929 when the stock market crashed. Refer to black tuesday .
BLACK TUESDAY
The day October 29, 1929 that was the end of the market crash. Refer to black thursday .
BLACK WARD
A subvassal, who held ward of the king’s vassal.
BLACK WATER
When water is polluted with waste. Refer to gray water.
BLACK WEDNESDAY
The day September 16, 1992. This day Sterling lost 15% value after it withdrew from the European Union.
BLACK-BOX ACCOUNTING
Accounting showing income and expenses in a not normal way. This is done to bury financial issues.
BLACK-LIST
A list of persons marked out for special avoidance, antagonism, or enmity on the part of those who prepare the list or those among whom it is Intended to circulate; […]
BLACK-MAIL
1. In one of its original meanings, this term denoted a tribute paid by English dwellers along the Scottish border to influential chieftains of Scotland, as a condition of securing […]
BLACK-ROD, GENTLEMAN USHER OF
In England, the title of a chief officer of the king, deriving his name from the Black Rod of office, on the top of which reposes a gofden lion, which […]
BLACK-SCHOLES MODEL
A closedform OPTION pricing model developed by Black and Scholes to value EUROPEAN OPTIONS on nonDIVIDEND paying COMMON STOCKS. The BlackScholes framework generates option prices based on a series of […]
BLACKBERRY
A mobile device that emails, web browsing, texts, schedules, and acts as a phone. All these functions are handled in one device. It keeps a person in constant contact with […]
BLACKBERRY ADDICTION
Using a blackberry too much. The device must be handy at all times even if its inappropriate.
BLACKJACK
a heavy metal that is covered with leather and has a flexible handle. Often carried by police and sometimes by criminals.
BLACKLEG
A person who gets his living by frequenting race-courses and places where games of chance are played, getting the best odds, and giving the least he can, but not necessarily […]
BLACKLIST
a list of persons that are to be avoided for one reason or another.