nsurance. A bumbershoot policy is a type of umbrella coverage designed specifically to insure marine risks, but it can also include non-marine risks.

Knock or run into someone or something, typically with a jolt, meet by chance, hurt or damage (something) by striking or knocking it against something else, cause to collide with […]

When a junior or new employee is qualified for a position and is not laid off, but instead a senior employee is laid off in their place, this is called […]

The process of grouping together many small retail trade ORDERS (i.e., ODD LOTS) and combining them into a single large order. Bunching often permits better execution levels and reduces the […]

Abbreviated form of Bundasanleihem, the broad category of German federal GOVERNMENT BONDS. Bunds, denominated in EUROS, feature maturities of 6 to 30 years (with 10year securities constituting the BENCHMARK) and […]

In old English law . A bound, boundary, border, or limit, (terminus, limes.)

The Bundesbank is the German central bank . The main functions of the Bundesbank are to regulate the money supply, support the general economic policy of the federal government , […]

A collection of things, or a quantity of material, tied or wrapped up together. A set of nerve, muscle, or other fibers running close together in parallel.

The bundle of rights is a common way to explain the complexities of property ownership. Teachers often use this concept as a way to organize confusing and sometimes contradictory data […]

The concept that compares property ownership to a bundle of sticks with each stick representing a distinct and separate right of the property owner , e.g., the right to use […]

Product bundling is a marketing strategy that involves offering several products for sale as one combined product.

Tie or roll up (a number of things) together as though into a parcel or sleep fully clothed with another person, particularly during courtship, as a former local custom in […]

A low house, with a broad front porch, having either no upper floor or upper rooms set in the roof, typically with dormer windows.

A hollow filled with sand, used as an obstacle on a golf course or a reinforced underground shelter, typically for use in wartime.

BAF refers to floating part of sea freight charges which represents additions due to oil prices. BAF charges used to be determined by Carrier Conferences to be applicable for a […]

Fuel oil is a fraction obtained from petroleum distillation, either as a distillate or a residue.

This type of fuel is used mostly in powering ships and is number 5 or 6 (which means heavy).

A type of bond that offers investors the option to reinvest coupon payments into additional bonds with the same coupon and maturity.

In maritime law . A piece of wood or cork, or a barrel, raft, or other thing, made secure and floating upon a stream or bay, intended as a guide […]

Theme, core idea; A heavy load; A responsibility , onus; A cause of worry; To encumber with a burden (in any of the noun senses of the word).

the term that applies to the responsibility of a party starting a lawsuit to produce the evidence that will prove the case.

(Lat. onus probandi .) In the law of evidence . The necessity or duty of affirmatively proving a fact or facts in dispute on an issue raised between the parties […]

A cost, usually in dollars per hour that is normally added to the cost of every standard production unit to cover overhead expenses.

An office for the transaction of business. A name given to the several departments of the executive or administrative branch of government, or to their larger subdivisions. In re Strawbridge, […]

(French) an establishment where you can exchange foreign money.