When intrafirm information is exchanged such as employment terms, policies, benefits and operation manuals.
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BUSINESS-USE PROPERTY
Property used for the production of income, such as an office, or using your car for non-commuting business purposes.
BUSINESSMAN
A man who works in business or commerce, esp. at an executive level or a person with a specified level of skill in financial matters.
BUSONES COMITATUS
In old English law . The barons of a county.
BUSSA
A term used in the old English law, to designate a large and clumsily constructed ship.
BUST-UP TAKEOVER
A TAKEOVER or LEVERAGED BUYOUT where a portion of the target company
BUSTED CONVERTIBLE
ACONVERTIBLE BOND that stands little or no chance of being converted into the issuer
BUTLER’S ORDINANCE
In English law . A law for the heir to punish waste in the life of the ancestor. “Though it be on record iu the parliament book of Edward I., […]
BUTLERAGE
A privilege formerly allowed to the king’s butler, to take a certain part of every cask of wine imported by an alien.
BUTT
A measure of liquid capacity, equal to one hundred and eight gallons; also a measure of land.
BUTTALS
The bounding lines of land at the end; abuttals, which see.
BUTTED AND BOUNDED
A phrase sometimes used in conveyancing , to introduce the boundaries of lands. See BUTTS AND BOUNDS .
BUTTERFLY SPREAD
A three-legged option spread in which each leg has the same expiration date but different strike prices. For example, a butterfly spread in soybean call options might consist of one […]
BUTTON AD
A graphical advertisment, smaller than a banner ad, typically measuring 120 x 90 pixels.
BUTTONWOOD AGREEMENT
The Buttonwood Agreement , which took place on May 17, 1792, started the New York Stock & Exchange Board (now called the New York Stock Exchange , NYSE). This agreement […]
BUTTS
In old English law . Short pieces of land left unplowed at the ends of fields, where the plow was turned about, (otherwise called “headlands,”) as sidelings were similar unplowed […]
BUTTS AND BOUNDS
A phrase used in conveyancing , to describe the end lines or circumscribing lines of a certain piece of land. The phrase ” metes and bounds ” has the same […]
BUTTY
A local term in the north of England, for the associate or deputy of another ; also of things used in common.
BUY
To acquire the ownership of property by giving an accepted price or consideration therefor; or by agreeing to do so ; to acquire by the payment of a price or […]
BUY AMERICAN ACT
The Buy American Act (BAA – ) passed in 1933 by Congress and signed by President Roosevelt, required the United States government to prefer U.S.-made products in its purchases.
BUY AND HOLD
Buy and hold is a long term investment strategy based on the view that in the long run financial markets give a good rate of return despite periods of volatility […]
BUY AND SELL AGREEMENT
Both partnerships and director/ shareholder controlled companies need agreements to help ensure a satisfactory disposal of shares in certain circumstances . The ‘buy and sell’ route is one such, where […]
BUY AND WRITE
Strategy requiring the simultaneous purchase of underlying securities and the writing of call options over those securities representing the same number of those securities.
BUY BACK AGREEMENT
A contract between a purchaser and vendor in which the vendor agrees to repurchase the property from the purchaser if a certain event occurs within a specified period of time. […]
BUY IN
To purchase, at public sale, property which is one’s own or which one has caused or procured to be sold.