banking

A beneficiary is an individual or entity designated to receive benefits.

Bilateral investment treaties (BITs) are international agreements between two countries establishing the terms and conditions for private investment in each other’s territory by nationals and companies of one country to the other country.

• international law
• public international law
• international economic law

A bill is a formal written statement, claim, declaration, or instrument.

A bill of exchange, a short-term negotiable instrument, is a signed, unconditional, written order binding one party to pay a fixed sum of money to another party on demand or at a predetermined date. A bill of exchange is sometimes called draft or draught, but draft usually applies to domestic transactions only. The term bill of exchange may also be applied broadly to other instruments of foreign exchange.

A bill of sale is a written instrument that attests to a buyer’s purchase of property from a

A blank endorsement is a type of signature on a financial instrument, such as a check, a promissory note, and a bill of lading.

A bond refers to an obligation to pay a specified amount of money.

Overview

The term bookkeeping fraud (also known as accounting fraud) refers to types of fraud committed by officers, accountants, and other employees that deliberately misrepresent or manipulate company finances

Business expenses are the operating costs of a business. Whether a given cost qualifies as a business expense is relevant because business expenses are tax deductible while other forms of expenses are not. To qualify as a business expense, the cost must be ordinary, accepted and common in that business' trade and necessary, appropriate, and useful in operating the business.

• llcs-corporations-partnerships

An accounting period shows when an account cycle begins and ends. It is an established time frame within which accounting functions are performed, summarized, and analyzed for the calculation of all annual financial information such as income taxes.