Boarder baby

1. Newborn infant who remains in the hospital nursery after discharge because the mother remains hospitalized. 2. Premature infant who is out of intensive care but needs observation or to reach developmental milestones.

Bonding

An insurance contract by which, in return for a stated fee, a bonding agency guarantees payment of a certain sum to an employer in the event of a financial loss to the employer by the act of a specified employee or by some contingency over which the employer has no control.

Bookkeeping

Process used for posting (recording), summarizing, and allocating all business transactions to show a company’s income and expense by analyzing and verifying posted entries. The purpose is for collecting amounts due and reporting the financial condition of the business at a future date.