Break Even Payment Rate

Break Even Payment Rate Rate at which a MBS coupon will be prepaid so that it gives the same CFY that a given benchmark MBS coupon would. For coupons exceeding the benchmark coupon, this helps determine the rate of prepayment that gives the same CFY as benchmark coupon. For coupons … [Read more...]

Break Even Tax Rate

Break Even Tax Rate Rate of tax at which one party to any eventual transaction is equally balanced between the decision to or not to enter into the transaction. Above this rate the transaction becomes unviable. … [Read more...]

Break Even Time

Break Even Time Refer: Premium payback period. Long breakeven time means higher risk. … [Read more...]

Breakeven Yield

Breakeven Yield Required yield that will cover marketing costs of a marketing a banking product. The point at which there is no profit or loss. … [Read more...]

Breakout

Breakout Increase in price of a security over and above a resistance price, most often the previous high. Or a decline to a level lower than support level, most often previous lowest price. The breakout signifies a continuing movement trend in one direction. … [Read more...]

Bretton Woods Agreement

Bretton Woods Agreement Year 1944 United Nations members agreement that created the International Monetary Fund (IMF) and the fixed exchange rate international monetary system that was established after World War II. … [Read more...]

Bridge Financing

Bridge Financing Interim or stop gap financing of any sort used before permanent funding is received, to stabilize a position. … [Read more...]

British Clearers

British Clearers Clearing banks dominating the domestic sterling market in the areas of deposit taking and lending over short term … [Read more...]

Broker

Broker One who executes customer orders for a commission. May be a floor broker executing orders on the exchange floor or upstairs broker handling orders of retail customers. … [Read more...]

Broker Loan Rate

Broker Loan Rate Refer: Call money rate. Rate at which loans are given by banks to brokers. … [Read more...]

Brokered Market

Brokered Market Marketplace wherein search services are offered to buyers and sellers by an intermediary. … [Read more...]

Brokered Deposit

Brokered Deposit Similar to CD or certificate of deposit. Denotes a large-denomination deposit. … [Read more...]

Bubble Theory

Bubble Theory Theory that prices fluctuate far beyond the true values at times for securities. … [Read more...]

Buck

Buck One million dollars, as referred to in colloquial terms. … [Read more...]

Budget

Budget Structured outline of proposed financial activity. For example, sales budget, advertising budget. … [Read more...]

Budget Deficit

Budget Deficit Difference between spending and revenues of the government. … [Read more...]

Builder Buydown Loan

Builder Buydown Loan Mortgage loans on new property developments that are subsidized by the builder over the initial developmental phase. This cash is used to reduce the mortgage rate so that it is lower than prevailing rate during this period. Most commonly 3% of the rate for year … [Read more...]

Bull

Bull Opposite of bear. Investors who expect a rise in the market. … [Read more...]

Bull-Bear Bond

Bull-Bear Bond Bonds wherein the repayment of principal depends on another security’s price. Typically issued in two tranches: the first where repayment increases in line with price increase of the other security, the second where tranche repayment falls in line with the other … [Read more...]

Bull CD, Bear CD

Bull CD, Bear CD Bull CDs give a pre determined percentage of the positive fluctuation in a given market index’s return with a guaranteed minimum return. Bear CDs give a share of decline in the market index used as the basis. … [Read more...]