Business Letters Index
Commercial Terms starting with B.
Back Bill : A statement of unpaid chargers.
Bad Dept : A dept, which is no more accepted to be recoverable from the doctor.
Balance Sheet : A list or statement showing the details of assets and liabilities of any organization.
Bank acceptance : A bill of exchange accepted by a bank for payment on the date.
Bank Note : In India, the issue of bank notes, is the monopoly of RBI. A bank note is a legal tender and is a promissory note payable on demand to bearer.
Bill of Entry : A document describing goods before they are landed, which importers give to customers authorities.
Bill of Exchange : It is an unconditional written order by one party ordering the latter to pay to same third party, on demand or at some future date.
Bill leading : A document carried by the carrier to the shipper as a receipt and as a contract governing transportation and delivery of the articles only.
Bond : A sealed document by which a person binds himself, his heirs, executors and administrators to pay a certain sum to another person on or before a specified date.
Bonded goods : Goods stored in a warehouse by an owner who had furnished a bond to pay duty or taxes due.
Bonded Warehouse : A government building, in which bonded goods are stored.
Brand : Trademark applied on packages, casks and other containers.
Breach of Contract : Breaking the terms of contract by non-performance or doing some such act, which is contrary to the terms of the contract.
Broker : Is an agent who buys and sells on behalf of other people without taking possession of the goods.
Brokerage : It is the remuneration, which is paid to the broker. It is generally a certain percentage.
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
to HOME PAGE