Business & Financial [B-C]
Bonus
A cash award granted to employees by the employer, usually based on personal and/or company performance. Bonuses can also come in the form of extra vacation time, gifts and other nonmonetary awards.
Base rate
The rate of interest on which financial institutions base their lending rates. It is used to set all their other interest rates. Their loan rates will be a certain percentage above the base rate, and their savings rates below. When they change their base rate, this will then automatically change all their other rates.
Benchmarking
The process by which an organization seeks to identify top performing organizations and analyzes their strategies, policies and practices for the purpose of learning some or all of them.
Benefits
Benefits are payments from the government to people who are in need. This may because they are unemployed or there is an insufficient level of income in the household. Examples include unemployment benefits, income support and housing benefit.
Beneficiary
he person, other than the plan member, designated to receive the benefit resulting from the death of an employee, such as the proceeds of a life or accident insurance policy or benefits from a pension plan. See also CONTINGENT BENEFICIARY, IRREVOCABLE BENEFICIARY, PRIMARY BENEFICIARY, and REVOCABLE BENEFICIARY.
Blended Rates
Several definitions: 1) Organization mortality rates that are based, in part, on a group's own experience and in part on manual rates. Blended rates are used to determine the appropriate organization insurance premium rates for intermediate-size groups. See also experience rating and manual rates. (2) A rate offered by a lender, which is somewhere between a previous rate and a new loan rate.
Bonus
Bonuses are lump-sum awards to employees based on performance of employees. Bonuses are usually paid on a periodic basis, i.e., quarterly, semi-annually or annually. Payments may take the form of cash, share options, shares or other.
Broker
A person or firm who, for a fee or commission, acts as an intermediary between a buyer and seller. Usually a license is required (see also floor broker, agency).
Buy
To purchase an asset; taking a long position.
Buyers/sellers on balance
Used for listed equity securities. Indicates that at a given time (usually before the opening of a stock/market or at expiration time), there are more buyers/sellers in the marketplace, usually with market orders. See: Imbalance of orders.
Capacity
The term used to describe the largest amount of insurance an insurer or a reinsurer is willing or permitted to underwrite. The term may refer to an insurer's capacity for one individual or to the insurer's capacity for all its business.
Capital Employed
he value of all the assets employed in the course of business (e.g. equity and preference capital, fixed and current assets, and gross borrowings). Sometimes used as a measure of performance for executive incentive plans. Most commonly used in the calculation of Return on Capital Employed. See also RETURN ON CAPTIAL EMPLOYED.
Capitalization
The debt and/or equity mix that funds a firm's assets.
Cargo
Goods being transported.
Cash
The value of assets that can be converted into cash immediately, as reported by a company. Usually includes bank accounts and marketable securities, such as government bonds and banker's acceptances. Cash equivalents on balance sheets include securities that mature within 90 days (e.g., notes).
Cash flow
In investments, cash flow represents earnings before depreciation, amortization, and non-cash charges. Sometimes called cash earnings. Cash flow from operations (called funds from operations by real estate and other investment trusts) is important because it indicates the ability to pay dividends.
Cash transaction
A transaction in which exchange is immediate in the form of cash, unlike a forward contract (which calls for future delivery of an asset at an agreed-upon price).
Certificate
A formal document used to record a fact and used as proof of the fact, such as stock certificates, that evidence ownership of stock in a corporation.
Check
A bill of exchange representing a draft on a bank from deposited funds that pays a certain sum of money to a certain person or party.
Classified Board
Also known as Staggered Board is one in which, the directors are placed into different classes and serve overlapping terms. Since only part of the board can be replaced each year, an outsider who gains control of a corporation may have to wait a few years before being able to gain control of the board. This slow replacement makes a classified board effectively delays takeovers. Sometimes known as a delay provision.
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
Next page
Back to:
» Translations
|
|
|
|
|
