Bank-PO (IBPS) General-Awareness Banking and Finance Revision (Page 6 of 40)

Bill of Exchange

An order written by the seller of goods instructing the purchaser to pay the seller (or bearer of the bill) a specified amount on a specified future date.

Bill of Lading

A document which represents ownership of goods in transit.

Blue Chips

Shares in leading quoted companies that can be easily bought and sold without influencing their price (liquidity) and are regarded as low-risk investments.


A negotiable instrument evidencing debt, under which the issuer promises to pay the holder its face value plus interest as agreed.

Book Value

The cost price of an asset less accumulated depreciation.

Bought financing

Short-term financing arranged by a bank for offering continuing source of funds pending receipt of loan/bond issue proceeds.

Brand name capital

A firm’s reputation; the result of non-salvageable investment which provides customers with an implicit guarantee of product quality for which they are willing to pay a premium.

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