CORPORATE AND INSTITUTIONAL GLOSSARY

Balanced File

Banker's Acceptance

Bargain Purchase Option

Barter

Basis

Bearish

Beneficiary

Bid Rate

Bill Of Exchange

Bill Of Lading

Bill Of Lading, Charter Party

Bill Of Lading, Clean

Bill Of Lading, Consolidator's NVOCC's Or Forwarder's

Bill Of Lading, Inland

Bill Of Lading, Negotiable

Bill Of Lading, On Board

Bill Of Lading, Received For Shipment

Bill Of Lading, Straight

Bill Of Lading, Through, Combined Transport Or Intermodal

Black-Scholes Formula

Bonded Warehouse

Book Entry Shares

Booking

Boot

Break-Even Point

Broker

Bullish

Bundled Lease

Business Days

Buyer

Buyer (Holder)

Buying Rate

In an exchange of real property, boot is any consideration received by the Exchangor other than real property. There are 2 kinds of boot: 1. Cash Boot: Cash boot is cash or anything else of value received by the Exchangor as a result of the exchange 2. Mortgage boot: Mortgage boot is any relief from debt the Exchangor received as a result of the exchange. If the Exchangor receives boot in any form, he or she will be taxed on the amount of boot received.