Boat Check

A "boat check" is a sick leave payout given to an employee (usually in government) at retirement. The sick leave days are usually paid at the highest hourly rate, not at the rates the…

Bond Vigilante

The term "bond vigilante " sounds like something out of a James Bond movie, but it simply describes players in the bond market. Ed Yardeni of Yardeni Research, coined the term when he was…

Bottom Line (Bottom-Line)

Entry in progress -- B.P. Wikipedia: Net incomeNet income is equal to the income that a firm has after subtracting costs and expenses from the total revenue. Net income can be distributed among…

BTFVIX

THe financial blog Zero Hedge popularized "BTFD" (Buy The Fucking Dip) in 2010-11, stating that the "dip" was an opportunity to buy something at a cheaper price. This jocular…