Terms Starting with B

  • Business Insurance Definition,
    • An umbrella term for insurance that covers various losses that may arise due to the operation of a business.
  • Business Interest Expense Definition,
    • Interest acquired in business operations can be deducted as a business expense.
  • Business Interruption Insurance (BII) Acronym, Important,
    • Insurance that covers losses in business income after an event interrupts business operations.
  • Business Life Insurance Definition,
    • Life insurance that provides coverage in the event that a person key to the operation of a business dies.
  • Business Line of Credit (BLOC)Acronym,
    • Business Net Retention Definition,
      • A measure of the gross writings retained by a company for their own account.
    • Business Number (BN)Acronym, Canada,
      • Business Online Banking (BOB)Acronym,
        • Business Personal Property (BPP)Acronym,
          • Business Revolving Line of Credit (BRLOC)Acronym,
            • Business Tax Instalment Payment Plan (BTIPP)Acronym, Calgary, Alberta, Canada,
              • Business Tax Reduction (BTR)Acronym, Canada,
                • Business Tax Review Committee (BTRC)Acronym, Saskatchewan, Canada,
                  • Business Travel Accident Insurance (BTAI)Acronym,
                    • Business Value Protector (BVP)Acronym,
                      • Business-to-Business (B2B)Acronym,
                        • Business-to-Consumer (B2C)Acronym,
                          • Buttonville Municipal Airport (YKZ)Acronym, Toronto, Ontario, Canada,
                            • Buy-down Definition,
                              • When a borrower or a mortgage broker "buys down" a mortgage rate, they make an upfront payment to the lender in order to lower the mortgage rate. A similar effect can be achieved by making a lump sum payment at the beginning of a mortgage term.
                            • Buy-down Mortgage Definition, Important,
                              • A home loan in which the lender charges below-market interest in exchange for discount points.
                            • Buyer Agent Commission (BAC)Acronym,
                              • Refers to the sales commission earned by or due to the broker or agent representing the buyer in a real estate transaction.
                            • Buyer Agent Showing (BAS)Acronym,
                              • Refers to the showing of a real estate listing by the broker or salesperson representing a prospective buyer.
                            • Buyer Broker Definition,
                              • One who earns a commission from the buyer of a property in exchange for finding a seller and assisting in negotiation.
                            • Buyer's Market Definition,
                              • When market conditions favour the buyer.
                            • Bylaws Definition,
                              • The written rules governing an organization such as a homeowners association.
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