Bad Bank
A financial institution created to hold toxic assets to remove problem assets from other banks' balance sheets.
Bad Debt
Debt that is known to be impossible or unlikely to be repaid.
Bad Debt Provision
The estimation recorded in the accounts by a creditor reflecting the anticipated write-offs of bad debts.
Balance
An extensive overview of the term 'balance' and its different contextual applications within the field of economics, such as external balance, internal balance, and invisible balance.
Balance of Trade
A comprehensive entry on the concept of balance of trade in economics, outlining its definition, historical context, analytical frameworks, and more.
Balance Sheet - Definition and Meaning
Detailed dictionary entry for the economic term 'Balance Sheet,' including its definition, background, and major analytical frameworks.
Balance-of-Payments Crisis
An in-depth exploration of balance-of-payments crisis, its causes, remedies, and implications in various economic frameworks.
Balanced Budget - Definition and Meaning
A balanced budget occurs when total government receipts and expenditure are equal, ensuring no additional government borrowing is required.
Balanced Growth Path
An economic equilibrium where major aggregate variables grow at a consistent rate over time.
Balances with the Bank of England
Understanding balances held at the Bank of England by UK commercial banks used for settling interbank transactions.