Glossary
Welcome to SFNet's Secured Finance Glossary of industry terms. Currently the SFNet Glossary has over 400 industry terms and definitions. You can search specific terms in the search tool above, or use the alpha tool below and progress on the paginations.
Bailee 
A bailee is an individual or party to a transaction that takes temporary possession of an asset without taking legal ownership of that asset.
Bailee Waiver
A Bailee waiver grants a collateral agent, or lender in the case of ABL Lending, access to the assets for which the Bailee is responsible.
Balloon Payment
A balloon payment is the payment required of a borrower at the maturity of a credit facility.
Bank Products
Bank Products are an array of treasury management, hedging or other bank services offered by a bank to a borrower, either in conjunction with a larger credit facility or on a standalone basis.
Bankruptcy Code
The Bankruptcy Code of the United States outlines the process by which a Company reorganizes debts or enters into a repayment plan with creditors.
Base Case
Base case is a term used in financial modeling that describes the model that uses the assumptions that are most likely to occur. It is the expected scenario.
Bill & Hold
A bill & hold is a type of sales arrangement in which the buyer purchases goods but the seller maintains physical possession until a later ship date.
Bill of Lading (negotiable)
A negotiable bill of lading instructs the carrier to deliver goods to anyone in possession of the original endorsed negotiable bill, which itself represents title to and control of the goods.