Cash flow (CF)

Cash flow – Reported net income of a corporation plusamounts charged off for depreciation, depletion, amortization, and extraordinary charges to reserves, which are bookkeeping deductions and not paid out in actual dollars and cents.

Callable

Callable – A bond issue, all or part of which may be redeemed by the issuing corporation under specified conditions before maturity. The term also applies to preferred shares that may be redeemed by the issuingcorporation

Book value (BV)

Book value – An accounting term. Book value of a stock is determined from a company's records, by adding all assets then deducting all debts and other liabilities, plus the liquidation price of any preferred issues. The sum arrived at is divided by the number of common shares outstanding and the result is book value per common share. Book value of the assets of a company or a security may have little relationship to market value.

Blue Sky Laws (BSL)

Blue Sky Laws – A popular name for laws various states have enacted to protect the public against securities frauds. The term is believedto have originated when a judge ruled that a particularstock had about the same value as a patch of blue sky.Blue Sky Laws – A popular name for laws various states have enacted to protect the public against securities frauds. The term is believedto have originated when a judge ruled that a particularstock had about the same value as a patch of blue sky.

Blue chip

Blue chip – A company known nationally for the quality and wide acceptanceof its products or services, and for its ability to make money and pay dividends.

Commercial paper (CP)

Commercial paper – Debt instruments issued by companies to meet short-term financing needs.

Bearer bond

Bearer bond – A bond that does not have the owner's name registered on the books of the issuer. Interest and principal, when due, are payable to the holder

Auditor's report

Auditor's report – Often called the accountant's opinion, it is the statement ofthe accounting firm's work and its opinion of the corporation's financial statements, especially if theyconform to the normal and generally accepted practicesof accountancy.

Common stock

Common stock – Securities that represent an ownershipinterest in a corporation. If the company has also issuedpreferred stock, both common and preferred have ownership rights. Common stockholders assume the greater risk, but generally exercise the greater control and may gain the greater award in the form of dividends and capital appreciation. The terms common stock and capital stock are often used interchangeably when the company has no preferred stock.

Conglomerate

Conglomerate – A corporation that has diversified its operations usually by acquiring enterprises in widely varied industries