Bill of Exchange
Bills Payable—Promissory notes and acceptances which we are to pay.
Bills Receivable—Promissory notes and acceptances which are to be paid to us.
Blanks—Papers or books ruled or printed in suitable form for business records.
Blotter—A book in which are entered memoranda of transactions which are later copied into other books. Also known as a day book.
Bond—A written agreement binding a person to do or not to do certain things specified therein. A negotiable instrument secured by mortgage or other security, binding the maker to pay certain sums on specific dates.
Bonded Goods—Goods stored in a government warehouse, or in bonded cars, bonds having been given by the owner for the payment of import duties or internal revenue taxes when removed.
Bonus—An amount paid in excess of the sum originally agreed upon. A premium or gift—for example, a sum paid to a salesman as extra compensation for making a certain number of sales.
Book Account—A charge or evidence of indebtedness on the books of account not secured by note or other written promise.