Welcome To OfficeDictionary

A crowdsourced bizspeak dictionary that includes all the business terms, acronyms, and slang used in the workplace.

Is Finance A Good Career Path?

Is A Finance Career Path Right For An MBA? Finance is one of the most popular destinations for MBAs coming out of business school—but is it a great career path for every MBA?

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Is Energy A Good Career Path?

There are many paths you can take when it comes to a career in oil and gas or energy, and it depends on what you’re interested in and what you want to do. There

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Is A Finance Degree Worth It?

If you’re interested in finance and want to pursue a career in financial industry then a finance degree from a good university could be the perfect choice for you. With a finance degree, you’ll

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Top 5 Best Universities For Marketing In The US

As marketing becomes increasingly complex and competitive, many students are turning to specialized marketing programs at the university level. Most marketing managers need a bachelor’s degree and taking courses in business law, management,

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Recently Added Terms

Bond Convexity

Bond convexity is a measure of the curvature of a bond’s price-yield relation. Convexity is used in the valuation of bonds, to approximate the change in…

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Bond

A bond is a debt security in which the issuer owes the holders a debt and is obliged to pay them interest (coupons) or to repay the principal at a later…

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Bias Ratio

The bias ratio is a statistical tool used to help finance professionals make more informed investment decisions. It measures the amount of risk associat…

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Boiler Insurance

Boiler insurance is a type of home insurance that covers the cost of repairing or replacing your boiler in the event that it breaks down. It typically c…

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Best Execution

Best Execution is the process of executing a financial transaction in a manner that results in the most favorable price for the customer. In order to ac…

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Black Monday

Black Monday is a term that refers to the stock market crash of October 19, 1987. It is considered one of the worst stock market crashes in history. Man…

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Binary Option

A binary option is a type of Option where the payoff is either some fixed amount of some asset or nothing at all. The two main types of binary options a…

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Bermudan Option

A Bermudan option is an exotic type of options contract that allows the holder to exercise the option at certain predetermined dates. The name “Bermudan…

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Benchmark

A benchmark is a point of reference against which the performance of an investment or fund manager can be measured. In finance, benchmarks are usually i…

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Bear Market Rally

A bear market rally is when the stock market experiences a temporary rebound after a prolonged period of decline. This typically happens after investors…

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Behavioral Finance

Behavioral finance is a field of finance that considers the psychological and behavioral aspects of people when making financial decisions. It studies h…

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Bear Market

A bear market is when the stock market falls by 20% or more from its recent highs.

There are two schools of thought on how a bear market happens. On…

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Bayesian Efficiency

Bayesian efficiency is a statistical concept that refers to the ability to make accurate estimates of parameters or quantities using the smallest possib…

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Basis Risk

Basis risk is the risk that the price of an asset will move differently than the underlying asset. This can happen when two assets are not perfectly cor…

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Basel II

Basel II is an international banking accord that regulates how much capital banks must set aside to cover their assets. It was introduced in 2004 and re…

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Basis Swap

A basis swap is an interest rate swap where the floating leg references a different index than the fixed leg. The most common type of basis swap is the …

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Basel III

Basel III is the third in a series of banking regulations put forth by the Basel Committee on Banking Supervision, which seeks to ensure that banks have…

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Basel Accords

The Basel Accords are a set of international banking regulations developed by the Basel Committee on Banking Supervision. The accords are designed to pr…

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Basel I

Basel I is the first of the Basel Accords, which are a series of international banking standards agreed upon by the Basel Committee on Banking Supervisi…

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Bankruptcy

Bankruptcy is a legal process that helps people who can’t pay their debts get a fresh start by liquidating their assets to repay their creditors.

Th…

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Banking License

A banking license is a type of financial license that allows a company or individual to engage in the business of banking. Banking licenses are regulate…

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Banknote

A banknote is a piece of paper or cloth that is used as a form of currency. Banknotes are usually issued by a government and are often backed by gold or…

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Bank Regulation

Bank regulation is the process by which banks are supervised and monitored to ensure that they operate within the law. Bank regulators typically have a …

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Backwardation

In finance, backwardation is the condition where future prices are lower than spot prices. This happens when the demand for a commodity is greater than …

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Balance Sheet

The balance sheet is a financial statement that provides an overview of a company’s assets, liabilities and shareholder equity. The balance sheet can be…

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Bank

A bank is a financial institution that accepts deposits from customers and makes loans to borrowers. The finance industry uses banks to help businesses …

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