break even: to balance costs and receipts.
break-even point: point at which income from sales
equals fixed and variable expenses.
brokerage: in the securities industry, the buying and
selling of stocks andbonds on behalf of others.
budget: a financial plan that summarizes income and
expenditures over aperiod of time.
bulls: speculators who anticipate an increase in the
price of securities.
Bureau of Labor Statistics (BLS): the principal data-
gathering agency of the federal government.
business cycle: periodic fluctuation in the economy.
business ethics: concern forkeeping fairbusiness
practices.
business firm: organization that produces goods or
services.
business unionism: Samuel Gomper's principle of
seeking better wages and working conditions rather than
political or social reform.
