A branch manager is a professional in charge of a unit or division of a large corporation, financial institution, or bank. According to the definition,…
Branch Banking – Definition, Functions and Examples
Branch banking is a system in which a bank delivers banking services through an extensive network of branch offices. Account-holders can choose a nearby branch…
Blue Chip Stock – Definition, Meaning and Examples of Top Blue Chip Companies
Blue Chip stock is the stock associated with some of the top-rated, well-established companies. These are companies that have come across several hurdles and are…
Bottom-up Budgeting – Definition, Advantages, Disadvantages and Tips
Bottom-up budgeting is a type of financial budgeting in which a company lets individual departments set their own budget estimates. The top management then reviews…
Bill of Sale – Definition, Importance, Types and Examples
Bill of sale is the legal documentation between a buyer and a seller about transferring the ownership of the sellers’ possessions in exchange for cash…
Billing Cycle – Definition, Elements and Importance
A billing cycle is the time interval between two billing statements, in short, the time gap between the last billing date and the recent billing…
Barbell Strategy – Definition, Risks, Benefits and Applications
What is Barbell Strategy? Definition: Barbell strategy is defined as a fixed-income portfolio strategy in which investors invest in long- and short-duration bonds, but they…
Bailment – Definition, Features, Types and Importance
What is Bailment? Definition: A bailment is defined as a type of legal relationship that revolves around the contractual transfer of assets or property from…
Acorn – Definition, Working and Features
What is Acorn? Definition: Acorn is defined as an all-in-one micro-savings/investing app that eases down the task of saving and investing by rounding up your…
Behavioral Finance – Definition, Examples and Concepts
What is Behavioral Finance? Definition: Behavioral finance is defined as a subsection of behavioral economics that focuses on how our biases, as well as psychological…
Acquisition – Definition, Procedure, Pros and Cons
What is Acquisition? Definition: An acquisition is defined as a type of corporate transaction that occurs when another company purchases any or all of the…
Accredited Investor – Definition, Process and Requirements
Accredited Investor Definition Definition: An accredited investor is defined as an individual or business entity that has the authority to invest in securities that are…
Bearer Bond – Definition, Meaning, Pros and Cons
Bearer Bond is an unregistered debt security issued by a government or a corporation. It is an anonymous instrument because it is difficult to identify…
Normal Distribution (Bell Curve) – Definition and Examples
What is Bell Curve? Definition: Bell curve is defined as a graphical depiction of a normal probability distribution whose standard deviations from the mean form…
What are Bean Counters? – Definition and Origin
Definition of Bean Counters Definition: Bean counters can be defined as the people who are responsible for making government or corporate financial but they are…