Tooltip Categories: Economics & Finance

break even point [BEP]

The point at which cost or expenses and revenue are equal: there is no net loss or gain, and one has «broken even.» A profit

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bridge loan

The type of short-term loan, typically taken out for a period of 2 weeks to 3 years, pending the arrangement of larger or longer-term financing.

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brochure

A brochure or pamphlet is a leaflet advertisement. Brochures may advertise locations, events, hotels, products, services, etc. The two most common brochure styles are single

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brokerage

The payment to a broker for a deal carried out. (source: http://www.businessdictionary.com/definition/brokerage.html#ixzz2EeCfg2aG)

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book depreciation

The portion of a tangible capital asset that is deemed to have been consumed or expired, and has thus become an expense. (source: http://www.businessdictionary.com/definition/depreciation-expense.html)

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book entry

Notation in a book of account recording a transaction. (source: http://www.businessdictionary.com/definition/book-entry.html)

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book of minutes

Binder or bound book containing permanent and detailed record of the deliberations of, and resolutions adopted at, a firm’s official meetings. (source: http://www.businessdictionary.com/definition/minute-book.html#ixzz2OxJBrhuK)

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boost the economy

The economic measures taken by local, regional, national or supranational governments to generate long-term economic growth and reduce unemployment.

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borrower

Someone who borrows money, generally from a bank. (source: http://www.collinsdictionary.com/dictionary/english/borrower)

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borrowing capacity

The ability to borrow more funds. A person or company with a great deal in assets and little in debt is likely to have greater

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