BUSINESS-TO-BUSINESS (B2B)

(B2B) describes commerce transactions between businesses, such as between a manufacturer and a wholesaler, or between a wholesaler and a retailer. Contrasting terms are business-to-consumer (B2C) and business-to-government (B2G).

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BUST-UP TAKEOVER

A TAKEOVER or LEVERAGED BUYOUT where a portion of the target company

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BUSINESS-TO-BUSINESS (B2B) EXCHANGE

An electronic commerce exchange where networks are used to connect institutional buyers and sellers of ASSETS, goods or services. See also ALTERNATIVE TRADING SYSTEM, BUSINESSTOCONSUMER (B2C) EXCHANGE, ELECTRONIC COMMUNICATIONS NETWORK.

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BUSTED CONVERTIBLE

ACONVERTIBLE BOND that stands little or no chance of being converted into the issuer

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BUSINESS-TO-BUSINESS AGENCY (B2B AGENCY)

When a business needs their marketing and advertising services outsourced, these agents specialize in just that. Agencies in the B2B business contract their services on a paid per performance basis.

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BUTLER’S ORDINANCE

In English law. A law for the heir to punish waste in the life of the ancestor. “Though it be on record iu the parliament book of Edward I., yet it never was a statute, nor ever so received ; but only some constitution of the king’s council, or lords in parliament, which never obtained the strength or force of an act of parliament” Hale, Hist. Eng. Law, p. 18.

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BUTLERAGE

A privilege formerly allowed to the king’s butler, to take a certain part of every cask of wine imported by an alien.

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BUSINESS-TO-CONSUMER (B2C)

Business conducted between companies and individual consumers, rather than between two companies.

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