BAC

¹

abbreviation

1. blood alcohol content; blood-alcohol concentration: the percentage of alcohol in the bloodstream: under the laws of most U.S. states, a BAC of 0.08 or higher is the legal definition of intoxication.

bac

²

[bak]

noun

1. baccalaureate.

Word History and Origins

Origin of BAC¹

First recorded in 1960–65

Example Sentences

Bank of America BAC -1.91%decrease; red down pointing triangle held its first investor day in more than a decade Wednesday to sell Wall Street on a story of bigger profits and faster growth.

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But recent earnings reports from major card issuers such as JPMorgan Chase JPM 0.11%increase; green up pointing triangle , Bank of America BAC 0.96%increase; green up pointing triangle and Capital One COF 0.02%increase; green up pointing triangle show that spending growth remains robust, delinquencies are easing and some banks are starting to lend more freely.

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Banks including JPMorgan JPM 1.48%increase; green up pointing triangle , Bank of America BAC 3.77%increase; green up pointing triangle and Goldman Sachs GS -0.27%decrease; red down pointing triangle reported third-quarter profit and revenue that beat analysts’ expectations, buoyed by a jump in dealmaking, corporate spending and healthy consumer activity.

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Bank of America BAC 2.52%increase; green up pointing triangle reported third-quarter earnings and revenue that bested analysts’ expectations, thanks to healthy consumer activity and a busy summer in its investment banking division.

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And Bank of America BAC 2.72%increase; green up pointing triangle is expected to bring in the biggest-ever disclosed deal fee for a single bank, a cool $130 million.

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