Definitions B

1. General: Indication of willingness to buy or sell goods or services or to undertake…

Stockbroker’s quotation where ‘bid’ refers to the highest price the buyer wants to pay, and…

Electronic device that connects two or more networks, thus creating an extended network in which…

A bank that the FDIC designates as insolvent and subsequently takes over control. The FDIC…

Alternative term for trade advertising.

Illegal practice that employs ‘bait and switch pricing.’ Also called bait advertising.

A school of psychology that explains all mental and physical activity in terms of response…

A test used in statistics to determine if samples in an experiment originated from populations…

List of standard work hours required for completion of a job or task, or for…

A draft given by the initial drawer to another party with certain details intentionally left…

Second level, external pilot-test of a product (usually a software) before commercial quantity production. At…

A type of test used in statistical analysis that is intended to determine if the…

Sequential list of activities performed in producing a unit of service and the associated costs…

An amount shown in a financial statement representing amounts formerly classified as receivable that will…

Firm that rents usage of software associated with specific business applications (such as engineering design,…

Expected behaviors and expectations for individual actions within society, group, or class. Within a place…

A type of insurance coverage that will make minimum monthly payments on a credit card…

Total of the corresponding column on the previous page shown at the top of the…