Policy Directory by Glossary Terms

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Definition
Background Check

A review of confidential and public information to confirm identity and credentials, and to investigate employment and criminal history.

Baked Goods

Foods like breads, cakes, pastries and cookies that are cooked in an oven. For the purpose of this policy, baked meats, poultry, fish and vegetable dishes are not considered “baked goods.”

Bank

The financial institutions that the University uses for commercial banking services.

Banner Ad

A typically rectangular advertisement placed on a Web site, above, below, or to the side of the site's main content area.

Basic Research

Any original investigation not having a specific commercial objective for the advancement of scientific knowledge (see IRS Rev. Proc. 2007-47). 

Bequest

Property given to the University by will, revocable living trust, or other testamentary instrument. A bequest indicates that the University is designated as a beneficiary of a will or revocable living trust, retirement plan, life insurance policy, or other revocable gift / interest. 

Billing Department

A department, division, school, or other unit that has been authorized to extend credit for the sale of goods and services, or that is responsible for the collection of accounts receivable.

Biological Agents

This includes:

  1. Microorganisms;
  2. Human and non-human primate derived materials which may contain human pathogens (e.g. blood, fluids, tissues, organs, primary and established cell lines, etc.);
  3. Biotoxins with an LD50 of less than 100 micrograms per kilogram of body weight in vertebrates; and
  4. Recombinant DNA activities as described in the NIH Guidelines for Research Involving Recombinant DNA Molecules.
Blanket COA

A COA issued in conjunction with the University’s Exemption that permits UAS Operation within certain airspace limits as set forth in the document.

Board Policy

Policy established by the Rector and Visitors of the University as provided in the Code of Virginia (Va. Code Ann. Sections 23-9.2:3) and Section 2.4 of the Manual of the Board of Visitors.

Bona Fide Business Purpose

A bona fide business purpose exists if the individual can prove a real business purpose for incurring the expense.

Bonus

A lump sum payment that is not a part of the employee’s base pay.

Business Meal

A meal that includes more than one person, has a substantive and Bona Fide Business Purpose deemed essential to the University's mission, and has departmental approval.

Note: Business meals are distinct from both daytrip and overnight "Travel Meals." Business meals may be taken while traveling, but the meal must be claimed as either "travel" or "business," not both.