What Is a Breakpoint Sale? A breakpoint sale is the sale of a mutual fund at a set dollar amount that allows the fundholder to move into a lower sales charge bracket. If an investor is unable to provide the funds needed to qualify for the lower fee at the time of investment, they can
What Is a Breakup Fee? A breakup fee is used in takeover agreements as leverage on the seller against backing out of the deal to sell to the purchaser. A breakup fee, or termination fee, is required to compensate the prospective purchaser for the time and resources used to facilitate the deal. Breakup fees are normally 1% to 3% of
What Is Breakup Value? The breakup value of a corporation is the worth of each of its main business segments if they were spun off from the parent company. It is also called the sum-of-parts value. Key Takeaways Breakup value is an analysis of the worth of each of a large corporation’s distinct lines of
What Is a Breeder’s Insurance Policy? As its name suggests, a breeder’s insurance policy is a type of insurance that caters to the unique risks faced by animal breeders. Because breeders’ livelihoods depend on the health of the animals they breed, this type of insurance is often viewed as an essential business expense that is
What Is Brent Blend? Brent blend is the name of one of two internationally-recognized types of crude oil that are used as benchmarks for prices of crude oil. Brent Blend comes from the North Sea and is considered a light, sweet crude oil. Brent blend is more than half of the crude oil traded internationally
What Was the Bretton Woods Agreement and System? The Bretton Woods Agreement was negotiated in July 1944 by delegates from 44 countries at the United Nations Monetary and Financial Conference held in Bretton Woods, New Hampshire. Thus, the name “Bretton Woods Agreement. Under the Bretton Woods System, gold was the basis for the U.S. dollar
What Was Bre-X Minerals Ltd.? Bre-X Minerals Ltd., often referred to simply as Bre-X, was a Canadian gold mining company that infamously defrauded investors by falsifying gold samples and misstating its available gold reserves. From a peak valuation of over $6 billion Canadian dollars (CAD), Bre-X’s shares collapsed and the company soon filed for bankruptcy.
What Is a Bribe? A bribe is an illegal act involving the exchange of something of value, such as money, with the purpose of influencing the behavior of public officials. Key Takeaways A bribe occurs when one entity illegally offers money or something else of value to sway or influence some decision or process.Bribes are
What Is Brazil, Russia, India, and China (BRIC)? BRIC is an acronym for the developing nations of Brazil, Russia, India, and China. They are countries that some believe will be the dominant suppliers of manufactured goods, services, and raw materials by 2050. China and India will become the world’s dominant suppliers of manufactured goods and
What Is a BRIC ETF? A BRIC ETF is an exchange-traded fund (ETF) that invests in stocks and listed securities associated with the countries of Brazil, Russia, India, and China, otherwise known as the BRIC nations, usually through local stock exchanges or with American and global depositary receipts (GDRs). These funds are passively managed, meaning that the
