The act of depositing money in the custody of a court or of its clerk or marshal, for the purpose of satisfying a debt or duty, or to await the […]
B | Page 71
B
BRIS
In French maritime law . Literally, breaking; wreck. Distinguished from naufrage, (q. v.)
BRISTOL BARGAIN
In English law . A contract by which A. lends B.
BRITISH BANKERS ASSOCIATION (BBA) RATE
The official INTEREST RATES quoted for FORWARD RATE AGREEMENTS traded in the London market. BBA rates are quoted for various forward starting periods in the world
BRITISH BROADCASTING CORPORATION (BBC)
A British public service broadcaster, headquartered at Broadcasting House in the City of Westminster , London. It is the largest broadcaster in the world, with about 23,000 staff. Its main […]
BRITISH COLUMBIA
The territory on the north-west coast of North America, once known by the designation of “New Caledonia.” Its government is provided for by 21 & 22 Vict. c. 99. Vancouver […]
BRITISH THERMAL UNIT (BTU)
A traditional unit of energy equal to about 1,055 joules. It is approximately the amount of energy needed to heat 1 pound (0.454 kg) of water (i.e. exactly one tenth […]
BRITTLENESS
A material is brittle if, when subjected to stress, it breaks without significant deformation (strain). Brittle materials absorb relatively little energy prior to fracture, even those of high strength.
BRIX (
One degree Brix is 1 gram of sucrose in 100 grams of solution and represents the strength of the solution as percentage by weight (% w/w) (strictly speaking, by mass). […]
BROAD EVIDENCE RULE
A rule allowing a wide scope of information to be used in determining the ACTUAL CASH VALUE of property that has been damaged or destroyed and which is subject to […]
BROAD FORM
Policies that provide coverage for perils over and above standard perils.
BROAD FORM CAUSE OF LOSS
One of the three Insurance Services Office, Inc.
BROAD FORM INSURANCE
Insurance coverage that extends beyond the basics to include rare events that may be of serious risk to the insured. This type of insurance usually requires that a higher premium, […]
BROAD FORM PERSONAL THEFT INSURANCE
Insurance coverage to protect personal assets . Broad form personal theft insurance coverage can be placed on all personal property , and is on an all risk basis meaning no […]
BROAD FORM PROPERTY DAMAGE ENDORSEMENT
An addition to a general liability policy. A broad form property damage endorsement eliminates the exclusion of property under the care of the insured. A higher premium is most often […]
BROAD FORM STOREKEEPER’S POLICY
Insurance coverage provided to storeowners in the event of theft or robbery. Broad form storekeepers’ insurance is found under the burglary and robbery insurance policy .
BROAD FORM STOREKEEPERS INSURANCE
Refer to broad form storekeeper’s policy .
BROAD-BASED INDEX
An index designed to reflect the movement of the market as a whole. Examples include the S & P 500, the AMEX Major Market Index and the Value Line Composite […]
BROAD-FORM COVERAGE
An insurance policy which provides coverage to losses resulting from breakage of glass and other structural glass, falling objects and water damage.
BROADBAND DIGITAL SUBSCRIBER LINE (BDSL)
Refer to very high rate digital subscriber line.
BROADBANDING
A job grading structure that falls between using spot salaries vs. many job grades to determine what to pay particular positions and incumbents within those positions. While broadbanding gives the […]
BROADCASTING
The distribution of audio and video content to a dispersed audience via broadcast radio, broadcast television, or other technologies.[vague] Receiving parties may include the general public or a relatively large […]
BROADSHEET
The largest of the various newspaper formats and is characterized by long vertical pages (typically 22 inches / 559 millimetres or more). The term derives from types of popular prints […]
BROADSIDE
With the side turned to a particular thing or on the side.
BROCAGE
The wages, commission, or pay of a broker, (also called “brokerage.”) Also the avocation or business of a broker.