Terms used in banking business such as Bond Resolution,BOQ Security Token,Book-Entry Securities,Bounced Cheque etc


The terms used in banking business such as Bond Resolution,BOQ Security Token,Book-Entry Securities,Bounced Cheque etc.



This post explains about terms used in banking such as Black and White Image,Blue Chip,Blue List,Bond Averages,Bond Resolution,BOQ Security Token,Book-Entry Securities,Bounced Cheque,Bouncing of a cheque,Brick & Mortar Banking,Brand name capital,Brain-Drain,Bouncing of a cheque etc. These terms used in international business are arranged in alphabetical order and you may add more information about terms used in export business at the end of this article, if you wish.


The terms used in banking business


Black and White Image:The print on the image of an original check or substitute check is only in black and white tones.


Black Money: It is unaccounted money which is concealed from tax authorities. All illegal economic activities are dealt with this black Money. Hawala market has deep roots with this black money. Black money creates parallel economy. It puts an adverse pressure on equitable distribution of wealth and income in the economy.


Blanket Bond: A bond secured by the general assets of a company, as opposed to an unsecured bond or one secured by specific assets.


Block: A large number of securities dealt with as a unit.


Blue Chip:It is concerned with such equity shares whose purchase is extremely safe. It is a safe investment. It does not involve any risk.

The terms used in banking business such as Bond Resolution,BOQ Security Token,Book-Entry Securities,Bounced Cheque etc

Blue Chips: Shares in leading quoted companies that can be easily bought and sold without influencing their price (liquidity) and are regarded as low-risk investments.


Blue Collar Jobs:These Jobs are concerned with factory. Persons who are unskilled and depend upon manual jobs that require physical strain on human muscle are said to be engaged in Blue Collar Jobs. In the age of machinery, such Jobs are on the decline these days.


Blue List: A trade publication, published each business day, that shows current municipal bond offerings by banks and municipal bond dealers throughout the country.


Blue-Chip Stocks: The securities of major companies known nationally for their record of earnings, dividend payments, and general price stability. This term denotes high esteem on the part of investors.


Blue-Sky Laws: Laws enacted by states to regulate the issuance and sale of securities.


bond -- An IOU issued by a corporation, the U.S. Government, or a city that is held by the lender as receipt that the business or institution has borrowed a specific amount of money. All bonds pay interest yearly and are payable in full at a specified date written on the bond.


Bond Anticipation Notes (BANS): Short-term notes sold by states and municipalities to obtain interim financing for projects that will eventually be financed by the sale of bonds.


Bond Averages: The average prices of certain bonds over a specific period. They usually reflect trends in the bond market.


Bond Buyer Index: An index published weekly by the Bond Buyer to indicate the level of longterm municipal bond yields.


Bond Buyer: A trade publication that describes upcoming municipal bond sales, posts the results of those sales, and carries news items of special interest to the municipal bond industry.


Bond Discount: The difference between a bond's face value and a selling price, when the selling price is lower than the face value.


Bond Power: A "power of attorney" used in connection with the sale and transfer of registered bonds. It is necessary to obtain bond powers whenever registered bonds are pledged as collateral. See Power of Attorney.


Bond Rating: The classification of a bond's investment quality.


Bond Resolution: A legal order or contract by a governmental unit to authorize a bond issue. A bond resolution carefully details the rights of the bondholders and the obligations of the issuer.


Bond: A negotiable instrument evidencing debt, under which the issuer promises to pay the holder its face value plus interest as agreed.


Bond: An interest-bearing security issued by a corporation, government, governmental agency, or other body. It is a form of debt with an interest rate, maturity, and face value, and it is usually secured by specific assets. Most bonds have a maturity of greater than one year and generally pay interest semiannually. See Debenture.


Bond: Publicly traded long-term debt securities, issued by corporations and governments, whereby the issuer agrees to pay a fixed amount of interest over a specified period of time and to repay a fixed amount of principal at maturity.


Bonds: a government, or company can raise capital by issuing a bond. Bondholders receive interest (a ‘coupon’) and the capital is repaid at maturity. The difference between bonds and loans is that bonds can be traded between investors (who are lending to the issuer).


Book Value: The amount at which a security is carried on the books of the holder or issuer. The book value is often the original cost of the security plus or minus amortization and accretion; it may differ significantly from the market value.


Book Value: The amount of stockholders’ equity in a firm equals the amount of the firm’s assets minus the firm’s liabilities and preferred stock.


Book-Entry Securities: Securities that are not represented by engraved certificates but are maintained in computerized records of the issuer.


BOQ Security Token - is a hardware device that generates a random numberas a secondary form of authentication for some Value Transactions carried outthrough Internet Banking. Also known as a Token.


Bought financing: Short-term financing arranged by a bank for offering continuing source of funds pending receipt of loan/bond issue proceeds.


bounced check-- A check that a bank has refused to cash or pay because you have no funds to cover it in your account.


Bounced Cheque - when the bank has not enough funds in the relevant account or the account holder requests that the cheque is bounced (under exceptional circumstances) then the bank will return the cheque to the account holder. The beneficiary of the cheque will have not been paid. This normally incurs a fee from the bank.


Bounced Cheque or Returned Cheque: A cheque that a bank does not pay, for instance because there is not enough money in your account to cover the amount issued on the cheque. These are also called non-sufficient funds (NSF) cheques. Most banks and retail outlets charge a fee to cover the administration costs associated with processing NSF cheques.


Bouncing of a cheque: Where an account does not have sufficient balance to honour the cheque issued by the customer, the cheque is returned by the bank with the reason "funds insufficient" or "Exceeds arrangement”. This is known as 'Bouncing of a cheque’.


Bouncing of a cheque:When an account has insufficient funds the cheque is is not payable and is returned by the bank with a reason “Exceeds arrangement” or “funds insufficient”.


BR Act: Banking Regulation Act.


Brain-Drain:It means the drift of intellectuals of a country to another country. Scientists, doctors and technology experts generally go to other prominent countries of the world to better their lot and earn huge sums of money. This Brain-Drain deprives a country of its genius and capabilities.


Brand name capital: A firm’s reputation; the result of non-salvageable investment which provides customers with an implicit guarantee of product quality for which they are willing to pay a premium.


Break-even point: Refers to the price at which a transaction produces neither a gain nor a loss.


Brick & Mortar Banking: Brick and Mortar Banking refers to traditional system of banking done only in a fixed branch premises made of brick and mortar. Now there are banking channels like ATM, Internet Banking, tele banking etc.


Bridge Loan: Temporary finance provided to a project until long-term arrangements are made.


The above details describes about terms called in banking such as Black and White Image,Blue Chip,Blue List,Bond Averages,Bond Resolution,BOQ Security Token,Book-Entry Securities,Bounced Cheque,Bouncing of a cheque,Brick & Mortar Banking,Brand name capital,Brain-Drain,Bouncing of a cheque etc. These phrases may help importers and exporters on their day to day business activities. The readers can also add more information about terms used in overseas trade below this post.Terms used in banking business such as Banking center,bankruptcy billing statement,Birth Rate etc



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