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Corporate & Institutional Glossary

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B
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
Current TermBoot
Break-Even Point
Broker
Bullish
Bundled Lease
Business Days
Buyer
Buyer (Holder)
Buying Rate
Boot
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.

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