-
B/(W)
is Better or Worse.
-
B/D
is Brought Down (T-accounts).
-
B/W
is Black & White, Between,
or Bundled With.
-
BACK-TO-BACK TRADING
allows securities
dealers to trade and settle the same securities several times during
the same settlement day without loss of value days.
-
BACKCHARGE
is to charge a person or
a firm an amount of money in order to make adjustments for a previous
transaction.
-
BACKDOOR LISTING
is a technique used
by a company which failed to get listed on an exchange, whereby the company
acquires and merges with a company already listed on that exchange.
-
BACKLOG
is value of unfilled orders placed with
a manufacturing company. Whether a firm's backlog is rising or falling
is a clue to its future sales and earnings.
-
BACKUP WITHHOLDING
is a mandatory
withholding that may be imposed when rules regarding taxpayer identification
numbers, (usually a Social Security number) are not met by the individual.
Another way for these withholdings to take effect is when a notice is
issued by the IRS to withhold on payments to that individual. Backup
withholding may be claimed as a credit by taxpayers on their federal
income tax return.
-
BAD DEBT EXPENSE
see UNCOLLECTIBLE ACCOUNT EXPENSE.
-
BALANCE
is: a. equality between the
totals of the credit and debit sides of an account; or, b. the difference
between the totals of the credit and debit sides of an account.
-
BALANCE FORWARD ACCOUNTING
is where you maintain a
list of charges and payments for each account. To find out the balance
at any point in time, you add the charges, add the payments, and then
subtract total payments from total charges. A billing statement is sent
out every month with any balance carried forward from the previous statement
-
BALANCING OFF THE BOOKS
means totaling off the various
amounts to find out how much money is left or, how overdrawn the organization
is. At certain times; e.g. once a month, quarterly, for management committee
meetings; it may be necessary to 'balance off the books".
-
BANK BALANCE
is the amount of money in a bank account
on a particular date as recorded by a financial institution on a bank
statement.
-
BANK COLLECTION
is the collection of
a check by the bank on behalf of a depositor.
-
BANK OVERDRAFT
see OVERDRAFT.
-
BANK STATEMENT
is a statement reporting
all transactions in the accounts held by the account holder.
-
BANKRUPTCY
is a state of insolvency
of an organization or individual, i.e. an inability to pay debts. In the
U.S., bankruptcy can take either of three forms:
-
BAR
see BANK ADEQUACY RATIO.
-
BARRIERS TO ENTRY
-
BAS
, among many others, can mean Basic Accounting System,
Business and Administrative Services, or Bachelor of Arts and Sciences.
-
BASE AMOUNT
is the fundamental numerical assumption
from which something is begun or developed or calculated or explained,
e.g. base pay.
-
BASE TAX YEAR
is the tax year prior to the subject
tax year.
-
BASIC ACCOUNTING
normally includes
the areas of Debits and Credits; Accounts; Assets, Liabilities, Equity,
Revenue and Expenses; and, an accounting system that offers a method
for checking, balancing, and reconciling all accounting related transactions
in order to produce accurate pictures of the entities financial health.
Profit and Loss Reports, Balance Sheets, and Cash Flow Statements are
the end result of compiling all the transactions into meaningful, usable
information for individuals and business owners alike.
-
BASIC DEFENSE INTERVAL (BDI)
is a measure that if for
some reason all of your revenues were to suddenly cease, the Basic Defense
Interval (BDI) helps determine the number of days your company can cover
its cash expenses without the aid of additional financing. The BDI is
calculated: (Cash + Receivables + Marketable Securities) / ((Operating
Expenses + Interest + Income Taxes) / 365) = Basic Defense Interval.
-
BASIC NET INCOME PER SHARE
is always
reported as net income per share on an undiluted basis. The calculation
of diluted net income per share includes the effect of common stock equivalents
such as outstanding stock options, while the calculation of basic net
income per share does not.
-
BASIC TENETS OF ACCOUNTING
are four
in number: 1. Assets = Liabilities + Owner's Equity, 2. Debits = Credits,
3. Assets are on the left (debit side), and, 4. Liabilities and Equity
are on the right (credit side).
-
BASIS
, generally, is that figure or
value that is the starting point in computing gain or loss, depreciation,
depletion, and amortization of a company. Specifically, it is the financial
interest that the Internal Revenue Service attributes to an owner of an
investment property for the purpose of determining annual depreciation
and gain or loss on the sale of the asset. If a property was acquired
by purchase, the owner's basis is the cost of the property plus the value
of any capital expenditures for improvements to the property, minus any
depreciation allowable or actually taken. This new basis is called the
ADJUSTED BASIS.
-
BASIS POINTS
is 0.01%
in yield. For example, in increasing from 5.00% to 5.05%, the yield increases
by five basis points.
-
BATCH
is a collection
of things or persons to be handled or processed together.
-
BATCH COSTING
is the
identification and assignment of those costs incurred in completing the
manufacture of a specified batch of components. Having arrived at the
batch cost, the unit cost is simply derived by dividing it by the number
of components in the batch.
|
Homepage 
Financial Dictionary
B
