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A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Beneficiary
An individual named as the recipient of the income or principal of an estate or trust.

Bequest
Property given as a gift under the terms of a will.

Blue Chip Stocks
High-quality, common stock of well-known companies with extended records of earnings and dividends, well-respected management, and prospects for continued strong performance. Generally, these stocks are the choice of investors seeking long-term growth.

Bond
A debt instrument that is a "promise to pay" issued by corporations, federal and state goverments, and municipalities to raise capital. The bond issuer promises to pay the holder of the bond the principal amount of the loan when the bond matures and a fixed rate of interest periodically during the term of the bond.

Borrower
One who receives funds in the form of a loan with the obligation of repaying the loan in full with interest.

Broker (Real Estate)
One who receives a commission or fee for bringing buyer and seller together and often assisting in the negotiation of contracts between them. In most states a license is required.

Building Code
The local regulations that control design, construction, and materials used in construction. Building codes are based on safety and health standards.

Bull/Bear
Terms frequently used to describe the outlook for short-and long-term market performance:

• bull refers to the belief that stock prices are likely to rise;
  
• bear refers to the expectation that prices will decline.