Author: Munyaradzi Mafaro

A blind bid pool of stocks purchase happens when someone buys a group of stocks together without knowing exactly which companies they are buying. The person selling the stocks gives some basic info about the total value and trading volume of the stocks. This allows people interested in buying to offer a price that is…

Blended finite risk is a special type of insurance or reinsurance. It puts together different kinds of insurance coverage. One or more of the coverage types uses something called a “finite risk” setup. Multiple Kinds of Coverage See, regular insurance usually only covers one kind of risk. Like your car insurance. It just protects you…

A blanket insurance policy is a kind of insurance that covers a bunch of different dangers, which are called “named perils”. When you get a blanket policy, it sets one total limit for how much money you can get if something bad happens. It doesn’t say the most you can get for each thing that…

A blanket limit is the most money an insurance company will pay out in a specific place. Insurance companies set blanket limits. They do it when they sell insurance policies. Blanket limits are important. They keep insurance companies from losing too much money. Insurance companies don’t want to go broke! Blanket limits change how much…

Blank check preferred stock means special shares a company can give out whenever it wants to stop someone else from taking over the company. The company’s board of directors gets to decide when to do this on their own. How Blank Check Preferred Stock Works When a company gives out these special preferred shares, two…

A binary-barrier option is a special kind of option. It is a mix between two other types of options: barrier options and binary options. Binary-barrier options are also called American binary options or one-touch options. When you buy a binary-barrier option, you can get a set amount of cash or assets if the price of…

A bill of lading is a legal document between the shipper of goods and the carrier. The carrier is the company responsible for transporting the goods, such as a shipping line, airline, trucking company or railroad. The bill of lading serves as: The bill of lading has all the important details about the shipment. This…

A bill of exchange is a special kind of document. It is used to order someone to make a payment to another person at a later date. The Drawer Writes the Bill The person who writes the bill of exchange is called the drawer. They write the bill to tell another person, called the drawee,…