bond
Written evidence of debt issued by a company with the terms of payment spelled out. A bond differs from corporate shares of stock since bond payments are pre-determined and provide a final payoff date, while stock dividends vary depending on profitab ...

bondsman
Someone who sells bail bonds. 2) a surety (guarantor or insurance company, who/which provides bonds for performance. See also: bail bond bail bondsman bond.

booby trap
A device set up to be triggered to harm or kill anyone entering the trap, such as a shotgun which will go off if a room is entered, or dynamite which will explode if the ignition key on an auto is turned.

book account
An account of a customer kept in a business ledger of debits and credits (charges and payments), which shows the amount due at any given time. This can provide a clear basis for suing for a debt. See also: account stated

book value
A determination of the value of a corporation's stock by adding up the stated value of corporate assets as shown on the books (records) of a corporation and deducting all the liabilities (debts) of the corporation. This may not be the true value of t ...

bottomry
A mortgage contract in which a ship and/or its freight is pledged as security for a loan for equipment, repair, or use of a vessel.

boycott
Organized refusal to purchase products or patronize a store to damage the producer or merchant monetarily, to influence its policy, and/or to attract attention to a social cause.