Balance Sheet
A financial statement that depicts a company's financial situation at a certain period in time, including assets, liabilities, and equity.
Bankruptcy
A legal procedure in which a person or corporation is unable to pay their obligations and seeks protection from their creditors.
Beneficiary
A person or entity entitled to the benefits or revenues of something, such as an insurance policy or trust fund.
Brand
The reputation, image, and identity of a product, service, or corporation as perceived by consumers.
Business Development
The process of recognizing and exploring new chances for growth and expansion, such as entering new markets, releasing new goods or services, or developing strategic alliances.
Business Model
The manner in which a business produces income and profits, including the products or services it delivers, the target market it serves, and the channels it employs to reach and serve customers.
Business Plan
A document that explains a company's aims, strategy, and financial predictions, serving as a road map for its operations and growth.
Business Intelligence
The collection, analysis, and presentation of data and information about a company's operations and performance. Includes tools and techniques such as data mining, data visualization, and dashboards that help managers and decision-makers understand and optimize business performance. It can be used to inform strategies and tactics, identify trends and patterns, and assess the effectiveness of various business initiatives. It can also include predictive analytics, which uses data and statistical methodologies to predict future outcomes based on historical data.
Buyout
The purchase of a firm or corporation by another company or group of investors, usually through the purchase of outstanding stocks or assets.