Economics & Finance | Françoise Clementi

bill of exchange return

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Act whereby a bank returns a dishonoured bill to the drawer or endorser.

bill protest

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A protest is a notarial certificate which certifies that the bill of exchange has been dishonoured.

billboard

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A large outdoor advertising structure, typically found in high traffic areas such as alongside busy roads. (source: http://en.wikipedia.org/wiki/Billboard)

bilateral contract

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Contract where each party promises performance. (source: http://www.investorwords.com/14138/bilateral_contract.html)

biannual

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Occurring twice a year. (source: http://www.wordreference.com/definition/biannual)

bid

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An offer of a specified amount, as at an auction. (source: http://www.wordreference.com/definition/bid)

bid out

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Submit a proposal to execute specified job(s) within prescribed time, and not exceeding a proposed amount (that usually includes labor, equipment, and materials).

bidder

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Someone who offers to pay a particular amount of money for something. (source: http://dictionary.cambridge.org/dictionary/british/bidder)

bidding requirements

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Document that includes bid form, basic and supplementary instructions to bidders, and minimum acceptable standards set by the originator of the project for which bids