BBA management topics Glossary Uncategorized

GLOSSARY of BUSINESS ADMINISTRATION

Words starts with BE

Bean counters :

An important derogatory term for an accountant, especially one who is perceived or suggested to be overly concerned about expenditure detail.

Beanfeast:

Also known as a Beano an annual party dinner or outing given by an employer for its employees.

Bear market :

In the stock market a period of declining prices in which investors continue selling shares expecting the prices to fall further.

Bearer :

As per the law of negotiable instruments a bearer is a person who is in actual possession of a negotiable instrument Like a cheque bank draft promissory note ect.,

Bearer bill :

A person or thing that carries soming/ a person who presents a cheque or other order to pay money

Behaviour response :

The assessors are trained to fours on the behaviours of the participants.

Behemoth :

A large and powerful organisation

Bells and whistles :

Extra features added often more for show than function, especially on computers,cameras, etc.,to make the product more attractive to buyers.

Bench :

A term used to denote the seat of the judge in a court room or the judge himself. It is also used as a collective term for all judges in a court.

Bench mark :

A standard against which things may be compared.

Bench warrant :

An order issued by a judge for an absent defendant to be arrested and brought before a court.

Beneficiary :

An individual or an organisation entitled to some assets or profits, through some legal device like a will,trust, insurance policy,ect..,

Benefit principle :

A taxation principle which states that those who benefit more from government expenditure, financed by taxes, should pay more tax for the product or service than those who benefit less.

Bequests:

Gifts of personal property left by a last will or testament.

Best ask :

The lowest price at which a stock is quoted to be sold.

Best bid:

The highest price quoted for a particular stock to be bought.

Best boy:

The person on film sets, TV,etc..,who is the assistant to the electrician.

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