Business and Personal Finance Dictionary

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• BELOW PAR - Less than the nominal or face value of a security.
  
  
• BELOW THE LINE - in accounting, denotes credits or debits affecting balance sheet accounts rather than ...
  
  
• BELOW-GRADE - Any structure or portion of a structure located underground or below the surface grade of...
  
  
• BELOW-MARKET INTEREST RATE - an interest rate below the current rate for conventional financing in a gi...
  
  
• BELOW-MARKET INTEREST RATE (BMIR) - A subsidized interest rate on a mortgage or loan, often provided by...
  
  
• BELVEDERE - another name for a gazebo.
  
  
• BENCHMARK - Originally a benchmark was a surveyor's mark indicating a specific height above sea level. ...
  
  
• BENCHMARK ERROR - Use of an inappropriate proxy for the true market portfolio.
  
  
• BENCHMARK INTEREST RATE - Also called base interest rate, it is the minimum interest rate investors wil...
  
  
• BENCHMARK ISSUE - Also called on-the-run or current-coupon issue or bellwether issue. In the secondary ...