Back-End Load<\/b>\u00a0– A fee or commission paid by an individual when they sell their shares in an investment fund.<\/p>\n
Back Shift<\/b>\u00a0– A group of workers or the period worked from late afternoon until late at night in an industry or occupation where there is also a day shift and a night shift.<\/p>\n
Backscratching<\/b>\u00a0– Informal term for reciprocity or returning favours, as in the term ‘you scratch my back and I’ll scratch yours’.<\/p>\n
Back-To-Back Loan<\/b>\u00a0– A loan in which two companies in separate countries borrow each other’s money at the same time for a specific period at an agreed upon interest rate.<\/p>\n
Back with Music<\/b>\u00a0– In the entertainment business, films, TV, etc., dialogue which is spoken over music.<\/p>\n
Bait-and-Switch<\/b>\u00a0– In retail sales, when customers are lured by advertisements for a product at a low price, then find that the product is not available but a more expensive substitute is.<\/p>\n
Balance Sheet<\/b>\u00a0– A financial statement of an individual, company or organisation, which shows assets and liabilities (money owed) at a specific date.<\/p>\n
Balloon<\/b>\u00a0– Describes a long term loan in which there is a large final payment when the loan matures.<\/p>\n
Bandwidth<\/b>\u00a0– In computing, the amount of information that can be transmitted through a communication channel over a given period of time, usually measured in ‘bits per second’ (bps).<\/p>\n
Bancassurance<\/b>\u00a0– The selling of both insurance and banking services, usually by a major bank.<\/p>\n
Bankers Hours<\/b>\u00a0– A short working day, often with a long lunch break.<\/p>\n
Bank Loan<\/b>\u00a0– A loan made by a bank to an individual, company, etc., for a fixed term, to be repaid with interest.<\/p>\n
Bank Run<\/b>\u00a0– Lots of sudden and heavy cash withdrawals at the same time from a bank or banks, because customers believe the banks may become insolvent.<\/p>\n
Barista<\/b>\u00a0– A person who is a professional speciality coffee maker, for example, cappuccino, latte, espresso, etc.<\/p>\n
Base 2<\/b>\u00a0– Also known as the binary system, which is the basis of computer logic. Normal counting is based on 0-9. Binary just has 0-1, which means a new column is started after two, not nine. Binary counting does not go 1, 2, 3, 4, etc. It goes 0, 1, 10, 11, 100, 101, etc. Other than for computing it’s not very practical.<\/p>\n
Bean Counter<\/b>\u00a0– An informal derogatory term for an accountant, especially one who is perceived or suggested to be overly concerned about expenditure detail.<\/p>\n
Beanfeast<\/b>\u00a0– Also known as a beano – an annual party, dinner, or outing given by an employer for its employees.<\/p>\n
Bear Market<\/b>\u00a0– In the stock market a period of declining prices in which investors continue selling shares, expecting the prices to fall further.<\/p>\n
Bear Raid<\/b>\u00a0– The practice, in the stock market, of attempting to push the price of a stock lower by selling in large numbers and often spreading unfavourable rumours about the company concerned.<\/p>\n
Behemoth<\/b>\u00a0– A large and powerful organisation. (originally from Hebrew, behemot – beast)<\/p>\n
Bells and Whistles<\/b>\u00a0– Extra features added often more for show than function, especially on computers, cameras, etc., to make the product more attractive to buyers.<\/p>\n
Below The Line<\/b>\u00a0– BTL. Describes marketing which has a short-term duration, such as non-media advertising, direct-mail, e-mail, exhibitions, incentives, brochures, etc., which is targeted directly at the consumer\/customer. Often used by companies on a limited budget.<\/p>\n
Bench Warrant<\/b>\u00a0– An order issued by a judge for an absent defendent to be arrested and brought before a court.<\/p>\n
Benefit Principle<\/b>\u00a0– A taxation principle which states that those who benefit more from government expenditure, financed by taxes, should pay more tax for the product or service than those who benefit less.<\/p>\n
Benefits Realisation<\/b>\u00a0– Also Benfits Realisation Management, or if you prefer the US Englisg it would be Benefits Realization. This refers to the translation of projects into real and perceived positive effects, seemingly a concept devised originally in the field of IT and ICT (Information and Communications Technology) project management, where projects are notoriously difficult to manage successfully and generate clear end-user appreciation. The term, abbreviated to BRM, is increasingly applied more widely to\u00a0change management\u00a0andproject management\u00a0of all sorts, representing an additional final stage of project management process, for which a manager is sometimes specifically responsible.<\/p>\n
Best Boy<\/b>\u00a0– The person on film sets, TV, etc., who is the assistant to the electrician.<\/p>\n
Beta Test<\/b>\u00a0– The second test of a product, such as computer hardware, software, or even a website, under actual usage conditions, before the final version is used by or sold to the public. See\u00a0Alpha Test.<\/p>\n
Bid Bond<\/b>\u00a0– A sum agreed to be paid by a company that wins a contract if the work is not carried out.<\/p>\n
Big Bang<\/b>\u00a0– Occurred (UK) on 27th October 1986, when major technology changes took place on the London Stock Exchange chiefly to replace manual systems with electronic processes.<\/p>\n
The<\/b>\u00a0Big Board<\/b>\u00a0– An informal name for the New York Stock Exchange on Wall Street.<\/p>\n