Black Monday
Black Monday 19 October 1987, the day on which world stock markets collapsed.
Black Swan
A rare, unforeseen event with significant impact, as articulated by Nassim Nicholas Taleb.
Black–Scholes Equation
A fundamental equation in financial economics for valuing options, derived from a model of continuous trading and used to remove arbitrage opportunities.
Blair House Agreement
An agreement on the liberalization of international trade in farm products between the European Community (EC) and the US.
Blue Book
A UK government publication providing data on national income and expenditure.
Blue Chip
The equity shares of large, reputable companies with high market capitalization and liquidity.
Bond
A security with a redemption date over a year later than its date of issue.
bond-rating agency
An overview of bond-rating agencies, their definitions, functions, and examples.
Bonus
A payment to a firm’s employees additional to their normal pay, often linked to performance.