Bonds are fixed-income instruments that represent a loan made by an investor to a borrower, typically corporate or governmental. They are used by companies, municipalities, states, and sovereign governments to finance a variety of projects and activities. When you purchase…

Book Value refers to the value of an asset as recorded on a company's balance sheet. It is calculated as the original cost of the asset minus any accumulated depreciation, amortization, or impairment costs. Book value can also refer to…

Bored Ape Yacht Club (BAYC) is a collection of 10,000 unique digital art pieces in the form of non-fungible tokens (NFTs), created by Yuga Labs and launched in April 2021. Each Bored Ape is an algorithmically generated cartoon ape with…

Bottom-Up Investing refers to an investment strategy that focuses on analyzing individual companies rather than looking at macroeconomic factors or broader market trends. Investors using this approach prioritize company fundamentals such as financial health, management quality, and growth potential. They…

Break-Even Point refers to the level of sales at which total revenues equal total costs, resulting in neither profit nor loss. It is a critical financial metric for businesses, indicating the minimum amount of sales needed to cover fixed and…

Brick-and-Mortar: Refers to a business that has a physical presence in a building or structure, as opposed to being primarily online or digital. These businesses typically involve face-to-face interactions with customers and can include retail stores, restaurants, and service providers.…

A brokerage account is a type of investment account that allows an individual or entity to buy and sell various financial securities, such as stocks, bonds, mutual funds, and exchange-traded funds (ETFs), through a licensed brokerage firm. Brokerage accounts can…

The "BRRRR Method" is a real estate investment strategy that stands for Buy, Rehab, Rent, Refinance, and Repeat. This method allows investors to acquire properties, increase their value through renovations, and then pull out their equity to finance future investments.…

Budget A budget is a financial plan that estimates revenue and expenses over a specified future period, often used to allocate resources, track spending, and guide financial decision-making. Budgets can be created for various purposes, including personal finance, business operations,…

Bull Call Spread A Bull Call Spread is an options trading strategy used when an investor anticipates a moderate rise in the price of an underlying asset. This strategy involves buying a call option at a lower strike price while…

Bull Market A bull market refers to a financial market condition characterized by rising prices of securities, typically by 20% or more from recent lows. This optimistic environment is often driven by strong economic indicators, investor confidence, and expectations of…

Bull Call Spread A Bull Call Spread is an options trading strategy used when an investor anticipates a moderate rise in the price of an underlying asset. This strategy involves buying a call option at a lower strike price while…

Business Day refers to any day on which normal business operations are conducted. Typically, this excludes weekends and public holidays. The specific definition can vary by region or industry. For example: If a company operates from Monday to Friday, a…

A Business Development Company (BDC) is a type of publicly traded investment company in the United States that focuses on providing capital to small and mid-sized businesses. BDCs are designed to help these businesses grow by offering financing options, including…

Business Ethics refers to the principles and standards that guide behavior in the world of business. It encompasses the values and practices that determine how businesses conduct themselves in various situations, including relationships with stakeholders such as employees, customers, suppliers,…

Business Logistics Business logistics refers to the planning, implementation, and control of the flow of goods, services, and information within a business and between businesses. It encompasses a wide range of activities including transportation, warehousing, inventory management, order fulfillment, and…

A business model is a strategic plan that outlines how a company creates, delivers, and captures value. It encompasses the company's value proposition, target customers, revenue streams, cost structure, and competitive advantage. Examples: Subscription Model: Companies like Netflix charge a…

Butterfly Spread A butterfly spread is an options trading strategy that involves the simultaneous buying and selling of options with three different strike prices, all with the same expiration date. It aims to profit from minimal price movement in the…

The "Buy & Hold Strategy" is an investment strategy that involves purchasing securities and holding them for a long period, regardless of fluctuations in the market. The rationale behind this approach is that, over time, the price of securities tends…

A Buy Limit Order is a type of order to purchase a security at or below a specified price. This order is executed only if the market price reaches the limit price set by the trader. It allows traders to…

Buy Now, Pay Later (BNPL) refers to a financial arrangement that allows consumers to purchase goods or services and defer payment to a later date, often in installments. This payment model typically enables consumers to acquire items immediately while spreading…

Buy the Dip refers to a trading strategy where investors purchase an asset after a temporary decline in its price, with the expectation that the asset will recover and increase in value over time. This approach is based on the…

The Buy-and-Hold Strategy is an investment approach where an investor purchases stocks or other securities and holds them for a long period, regardless of market fluctuations. This strategy is based on the belief that, over time, the price of the…

A Buy-Side Analyst is a financial professional who works for an investment firm, such as a mutual fund, hedge fund, or pension fund, and is responsible for analyzing investment opportunities to make informed buying decisions. Their primary role is to…

Buybacks refer to the process by which a company repurchases its own shares from the marketplace. This can lead to a reduction in the number of outstanding shares, often resulting in an increase in the share price and earnings per…