Forex Dictionary B part1

*Back Office
Settlement or process related
*Balance of Payments
A systematic record of economic transactions over a certain period in a country. (1) The term is often used to mean either (i) the balance of payment (remaining payment) on "current account"; or (ii) current account plus certain long term capital movements. (2) The combination of the trade balance, current balance, capital account and invisible balance, which together form the total balance of payments. Balance of payment deficits tend to lead to prolonged restriction of capital transfer, and or decrease in value of currency
*Balance of Trade
The export value minus import value. Invisible balance is usually not included, and if not, known as the Mercantile or physical trade.
*BAM
ISO 4217 kode mata uang, Mata uang yang digunakan di Bosnia and Herzegovina.
*Bank Line
The flow of loans granted by a bank to a customer, also known as the "line".
*Bank Notes
is a paper issued by the central bank or issuing bank and are legal tender, but usually not considered part of the FX market. However, in some countries, bank notes can be converted into FX. Bank notes are usually set price at a premium to the current spot rate for a currency
*Bank of Canada
Abbreviated BOC. The central bank in Canada.
*Bank of England
Abbreviated BOE. The central bank in the UK. This bank is less independent because the government can overwrite the decision.
*Bank of France
Abbreviated BOF. The central bank of France.
*Bank of Italy
Abbreviated BOI. The central bank of Italy.
*Bank of Japan
Abbreviated BOJ. The central bank of Japan. Although the Policy Council still take full responsibility for monetary policy, but changes are still subject to the approval of the Minister of Finance. BOJ set a target aggregate M2