Oxford Business English Dictionary for Learners of English

biz /biz/ noun [sing.] (informal) a business, especially one related to entertainment or fashion; a company: She's involved in the music biz. о We might even start a biz.

B/L (also spelled b/l) = bill of lading

black /Ыаек/ noun, adjective

noun

Д5Д be, remain, etc. in the 'black; move into, return to, etc. the 'black 1 to be making a profit; to start to make a profit: The company is back in the black after a year of heavy losses. 2 {Stock Exchange). if markets or shares are in the black, they are higher in value than they were previously: Technology stocks have been trading in the black. iqpp1 be, remain, etc. in the red, move into,

return to, etc. the red

adjective [only before noun]

used to describe days on which sth terrible occurs, especially days when there is a sudden large decrease in the prices of shares: the disaster of Black Wednesday in 1992

.black 'box noun [c, usually sing.] a complicated piece of equipment or process that you know produces particular results, but that you do not completely understand: The decision-making process is seen as a black box—things go in and decisions come out. о black-box economic modeb

the .black e'conomy (BrE) (AmE .underground

e'conomy) noun [sing.]

(Economics) business activity or work that is done without the knowledge of the government or other officials so that people can avoid paying tax on the money they earn: Experts believe the black economy is 40% the size of the official economy. shadow economy

.black'hole noun [C, usually sing.] something that costs you a lot of money or effort but does not provide any real benefit: The company viewed the venture as a financial black hole.

.black'knight noun [c] (Finance) a company that tries to buy (take over) another company that does not want to be bought or offers too low a price grey knight, white knight

blackleg /'blaekleg/ noun [c] (BrE) (informal) an offensive way of referring to a worker who refuses to join a strike or who works instead of sb on strike isyni scab

blacklist /'blacklist/ noun, verb

noun [C]

a list of the people, companies, products or countries that an organization or a government cannot trust and tries to avoid

verb [+ obj] (often be blacklisted)

to put a person, company, product or country on a blacklist: No one will give, him credit—he's been blacklisted by the banks.

.black'market noun [c usually sing.] an illegal form of trade in which goods that are

difficult to get or foreign money are bought and sold: Dollars are being sold on the black market, о There is a huge black market in stolen cars.

shadow market ► .black marke'teer noun [c] .black marke'teering noun [u]: severe penalties for black marketeering

.Black'Monday noun [sing.] Monday 28 October 1929, when prices on the New York Stock Exchange fell to a very low level; Monday 19 October 1987, when there was a sudden large decrease in the prices of shares (a crash) on the New York Stock Exchange. Both caused similar falls in other markets around the world.

Black 'Thursday noun [sing ] Thursday 24 October 1929, when there were signs that a severe crash (= a sudden large decrease in the prices of shares) was about to occur on the New York Stock Exchange

.Black 'Tuesday noun [sing.] Tuesday 29 October 1929, when there was a very large decrease in the prices of shares (a crash) in the US, which was the start of the Great Depression

.Black 'Wednesday noun [sing ] 16 September 1992, when the British pound stopped being part of the Exchange Rate Mechanism and decreased in value by a large amount

.blank 'cheque (AmEspelling ~ check) noun

[C] a cheque that is signed but which does not have the amount of money to be paid written on it (figurative): The board has been given a blank cheque to buy new assets. Isyni open cheque