WEALTH MANAGEMENT GLOSSARY

B Shares

Backup Withholding

Bailment

Basis

Bearer Bonds

Beneficiary

Bequest

Beta

Block Sale

Blue Chip Stocks

Bond

Bond Power

Book Value

Bull/Bear

Bypass Trust

(1) An individual named as the recipient of the income or principal of an estate or trust. (2) The person to whom the amount of an insurance policy or annuity is payable.