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Shorthand for bought. Antithesis of SL, meaning sold.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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1. Build own transfer. To transfer responsibility for a project from one party to another.

2. Balance of trade. The difference between the value of a country's exports and the value of its imports. If the value of exports exceeds that of imports, a country is said to have a trade surplus, while the opposite case is called a trade deficit. Analysts disagree on the impact, if any, of the balance of trade on the economy. Some economists believe that an overly large trade deficit causes unemployment and lowers GDP growth. Others believe that the balance of trade has little impact, because the more international trade occurs, the more likely it is that foreign companies will invest in the home country, negating any adverse effects.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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Used on transaction slips to indicate the side of a trade in which securities are bought. Compare SLD.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.

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see BUILD, OPERATE, TRANSFER PROJECT.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
References in periodicals archive ?
This relationship requires the intelligent agent to be perceived by the learner as trustworthy, honest, and cooperative while providing feedback.
Intelligent agents and FSM, in Revista Inginerului Economist, no.
A new generation of intelligent agents are being built using integrated development environments (IDEs).
Intelligent agents are software applications that follow instructions given by their creators and which "learn" independently about the information they are programmed to gather.
Newshound, an online service through the San Jose Mercury News' Mercury Center, is billed as the first consumer-oriented intelligent agent.
Such an intelligent agent would quickly change from being on a par with humans to superseding us in all areas and exceed all human intelligence combined.
My colleagues and I created a modeling language which allowed us to represent people as intelligent agents. The artifacts and the environment in which they work are also agents, and the framework enables us to create a much more realistic simulation of work.
The strong notion of an intelligent agent defines them as computer systems that, in addition to having the properties of the weak notion, are either conceptualized or implemented using concepts that are more usually applied to humans (Wooldridge & Jennings, 1995).
In a real building HVAC system, an intelligent agent must first learn (identify) the characteristics of the equipment it is responsible for before it can attempt to optimize its performance.
The capacity, syntax, and semantics of information depend on the perspective of the sender and the receiver, be it an intelligent agent or a natural environment.
As a result, given the massive amount of data processing involved, it might necessary to run intelligent agent software on dedicated computer servers.
For this tool, we developed a competitive computer game-based environment and peer-like intelligent agent technologies.

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