Terms starting with B
Business Email Compromise (BEC) refers to a type of cybercrime where criminals deceive corporate or organizational personnel through email fraud, ultimately leading to unauthorized transfers of funds or sensitive information....
Board Responsibilities may refer to the specific duties and obligations that members of a board of directors must fulfill in relation to an organization. The definition of Board Responsibilities encompasses...
“Burn Rate” is a critical metric, especially for businesses, and most notably for startups, that signifies the speed at which a company is spending its capital before it generates positive...
The Board of Directors may refer to a governing body elected by shareholders to oversee the strategic direction, financial decisions, and overall management of a company. The definition of a...
Blind Pool is a term that may refer to a financial arrangement wherein investors commit capital to an investment fund without specific knowledge of how their money will be used....
Board Rights primarily refers to the privileges and powers granted to members of a company's board of directors. In the context of corporate governance, "Board Rights" encompasses a range of...
Bottom Up Financial Model is a method of analysis that begins at a micro-level and works upwards to a macro-level to draw conclusions or make forecasts. This approach is particularly...
Balanced Scorecard is a strategic planning and management system used extensively in business and industry, government, and nonprofit organizations worldwide to align business activities to the vision and strategy of...
Business Model Canvas: The term "Business Model Canvas" refers to a strategic management tool that allows businesses to visualize, design, and reinvent their business models. Specifically developed by Alexander Osterwalder...
Bear Hug refers to a situation in corporate finance where one company offers to buy another company's stock at a price significantly higher than its current market value. This strategy...
BATNA is an acronym that stands for Best Alternative to a Negotiated Agreement. It is a concept derived from the field of negotiation theory and serves as a measure of...
Backward integration is a strategic business move in which a company expands its operations by acquiring or merging with its suppliers or upstream entities in the supply chain. The meaning...
Breach of Duty of Care refers to a situation where an individual or entity fails to act with the level of care that someone of ordinary prudence would have exercised...
Breach of Confidential Information refers to the unauthorized access, disclosure, or use of sensitive, protected, or confidential data. This breach violates privacy policies, confidentiality agreements, or data protection laws designed...
Breach of Warranty in the context of insurance, is a specific term critical to understanding the dynamics of insurance policies and their enforceability. The definition of a Breach of Warranty...
Breach Notification Requirements refer to the legal obligations imposed on organizations to notify affected individuals and, in some cases, regulatory bodies, when a security breach involving personal information occurs. The...
Breach of confidentiality is a serious violation of trust and legal obligation that occurs when confidential information is disclosed or used without proper authorization. The definition of breach of confidentiality...
Business Interruption refers to a situation where a company's operations are halted due to unexpected events, leading to a loss of income and increased expenses that affect the financial health...
Bug Tickets, in the realm of software development and IT operations, are formal reports or records of identified bugs or errors within a software application or system. The definition of...
Breach of Warranty is a legal term that may refer to an individual or organization who has failed to fulfill a warranty obligation as stated in a contract. A warranty...
Business Activities is a term that may refer to any of the processes, operations, and services that a business performs to generate income and value for its customers, stakeholders, and...
Bobtail Liability is a term that may refer to the liability of a truck driver when they are not in possession of a trailer. This type of insurance coverage is...
Bodily Injury Liability may refer to a type of insurance coverage that provides protection for a policyholder from claims of bodily injury caused to another person for which the policyholder...
Blind Hiring may refer to a recruitment process where the identity of candidates is not revealed to the hiring decision makers. It is a practice designed to reduce potential unconscious...
Bricking is a term that may refer to the process of making a device, such as a computer, smartphone, or other electronic device, non-functional. It is an irreversible process, often...
A Blind Resume is a type of resume in which the applicant's name, contact information, and other identifying information is removed or made anonymous. This type of resume is used...
Bonded Business is a term that may refer to a business or its associated activities that are protected by a surety bond. A surety bond is a written guarantee from...
In the corporate governance structure, the term "Board of Directors" may refer to a group of individuals elected by shareholders to oversee and guide the management and direction of a...
Business Interruption Loss may refer to a type of financial loss that occurs due to the interruption of normal business operations. This type of loss is often caused by events...
What is a BOR? It’s your “Broker Of Record.” This is an insurance industry term that many people don’t know about, but it could be the most important thing to...
A bordereau, in the realm of commercial insurance, refers to a document or report used to summarize and provide detailed information about multiple insurance policies or claims. It serves as...
Bailee insurance is insurance coverage that protects a person or business that temporarily holds the property of others to perform a service, such as a repair or storage. The policy...
A basic causes of loss form (also known as a BCL Form) may refer to an insurance policy that covers losses resulting from specific causes. It is an all-risk policy,...
Babytech refers to technology-based products and services designed to support parents and caregivers in caring for and developing infants and young children. Babytech products and services are designed to help...
Bond insurance protects investors against default on bonds issued by governments, corporations, or other entities. This type of insurance can give investors peace of mind and make bonds more attractive....
Business income coverage, also known as business interruption insurance, may refer to a form of insurance that covers the loss of income a business may experience following a covered event....
Business interruption insurance covers a financial loss that a business experiences due to an unexpected event that interrupts its normal operations. These events may include natural disasters, fires, thefts, network...
A blackout period in finance is when a company prohibits its insiders from trading in its securities or exercising stock options. This restriction applies to employees, directors, officers, and other...
A blanket policy is insurance coverage that provides broad protection for multiple properties, activities, or items under a single policy. It may refer to any type of insurance, including property,...