4. balance sheet: A statement of financial condition. The financial statement that shows the assets, liabilities, and owners' equity of an entity at a particular date.
5. bank reconciliation: The process of systematically comparing the cash balance as reported by the bank with the cash balance on the company's books and explaining any differences.
6. bear: An investor who believes a stock or the overall market will decline. A bear market is a prolonged period of falling stock prices, usually by 20% or more. The opposite of “bull”.
7. bearer bond: Bonds that are not registered on the books of the issuer. Such bonds are held in physical form by the owner, who receives interest payments by physically detaching coupons from the bond certificate and delivering them to the paying agent.
8. bell: Signal on a stock exchange to indicate the open and close of trading
9. benchmark: The performance of a predetermined set of securities, used for comparison purposes. Such sets may be based on published indexes or may be customized to suit an investment strategy.
10. beneficiary: Term used to refer to the person who receives the benefits of a trust or the recipient of the proceeds of a life insurance policy.
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