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.
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.
Bill of Lading (non-negotiable)
A non-negotiable bill of lading sets out a specific consignee to whom the goods are to be shipped, and does not itself represent ownership of the goods.
Blanket lien
A lender's lien against everything that a borrower owns, not just the asset bought with the loan.