Balanced Portfolio A portfolio that balances investments in stocks and bonds to provide investors with growth and income benefits through modest exposure to market volatility.
Bid - Offer Spread For unit trusts, the difference between the bid and offer price. For stock and bonds, it's the difference between the bid price and the asked price.
Bond A debt security issued by a corporation or government to borrow money for a period of more than one year. The borrower (issuer) agrees to repay the principal along with interest on a specified date.
Bottom Up An investment strategy which focuses on the analysis of individual company's performance (e.g. sales growth) rather than the general industry, economic or market trends. opposite of top down.
Buy And Hold An investment strategy in which the investor buys stocks and keeps them for a long period of time, regardless of the market's intermediate fluctuations.