What Is Building and Personal Property Coverage Form? Building and personal property coverage form is a type of commercial insurance policy designed to cover direct physical damage or loss to commercial property and its contents. This type of insurance defines specifically what property is covered—such as buildings and personal property, what property is not covered—such
What Are Building Permits? Building permits are a type of authorization that must be granted by a government or other regulatory body before the construction of a new or existing building can legally occur. The U.S. Census Bureau reports the finalized number of the total monthly building permits on the 18th working day of every
What Is Bulge Bracket? “Bulge bracket” is a slang term that describes the company or companies in an underwriting syndicate that issued the largest number of securities on a new issue. The bulge bracket is usually the first group listed on the tombstone—a print advertisement of a new issue. Bulge bracket is also a catchall
What Is Bull/Bear Ratio? he bull/bear ratio (sometimes known as the bull-bear spread) is a market-sentiment indicator published weekly by the financial data provider Investors Intelligence, which uses information polled directly from market professionals. Information is taken from investment advisors who work directly with the general investing public to help them with financial planning and
What is Bulldog Bond? A bulldog bond is a type of foreign bond issued by non-British corporations seeking to raise capital in pound-sterling (GBP) from British investors. Key Takeaways A bulldog bond is a type of foreign bond issued by non-British corporations seeking to raise capital in pound-sterling from British investors.Bulldog bond is a bond
What Is a Bullet Loan? A bullet loan is commonly referred to as a balloon loan that requires a balloon payment, usually a large balance, and a final payment due at the maturity of a loan. Throughout the borrowing period, the only payment made, if any, is the interest expense, and the original principal borrowed
What Is a Bullet Repayment? A bullet repayment is a lump sum payment made for the entirety of an outstanding loan amount, usually at maturity. It can also be a single payment of principal on a bond. In terms of banking and real estate, loans with bullet repayments are also referred to as balloon loans.
What Is Bullion? Bullion is gold and silver that is officially recognized as being at least 99.5% and 99.9% pure and is in the form of bars or ingots. Bullion is often kept as a reserve asset by governments and central banks. To create bullion, gold first must be discovered by mining companies and removed
What Are Bullion Coins? Bullion coins are coins made from precious metals. They are typically minted in weights that are fractions of one troy ounce, and they are most commonly made from gold and silver. Many countries have their own official bullion coins, such as the American Eagle series produced by the United States Mint
What Is a Bullion Market? A bullion market is a market through which buyers and sellers trade gold and silver as well as associated derivatives. There are various bullion markets around the world with the London Bullion Market known as the primary global market trading platform for gold and silver. Key Takeaways The bullion market is
