Building Code Financial Glossary

What is it? The local regulations that control design, construction, and materials used in construction. Building codes are based on safety and health standards.

Finance Term Definition Added By: Natalie

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Other Similar Finance Terms:

Financial Term Subsidiarity is This principle states that work better done at the local level should not be carried out at the European level

Financial Term MBO (Management Buyout) is An LBO with the new investor group is the firms management.

Financial Term BIA Grant is See Bureau of Indian Affairs Grant.

Financial Term Basis Swap is A cross currency swap or interest rate swap where both legs are floating rate. Basis swaps convert the floating rate of one leg, to the floating rate of the other. Eg 3-month GBP LIBOR to 1-month AUD BBSW.

Financial Term Common Stock is Stock represents partial ownership of a public corporation. A share of common stock typically carries voting rights and may pay dividends (see Bond).