The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

Category: B

BANK A DEAL

the term used when you lend money to a person with who you have a contract and makes the borrower into a creditor.

BOARD OF ARBITRATION

a court like body that is authorised to act in an impartial manner under all of the rules of arbitration.

BILLY

This term refers to a club or a bludgeon. Many police officers carry a billy.

BOOKMAKER

a professional betting man who takes bets from many people on different sporting events and then distributes money to the winners.

BELONGINGS

This term applies to all personal property including land and any other type of property.

BLACKMAIL

term for extortion and it is a criminal act where a person will attempt to get money from another person by threats.

BURDEN OF EVIDENCE

the term that applies to the responsibility of a party starting a lawsuit to produce the evidence that will prove the case.

BONDED INDEBTEDNESS

a debt that is secured by an issued bond with the monies received to be used for corporate purposes.

BETROTHAL

a term meaning to promise to marry or an engagement.

BOTTOM HOLE CONTRACT

an agreement where the owners contract to pay the well drillers a set some of money when they reach a certain depth.

BLUE CHIPS

a term referring to high class and Grade-A securities.

BYLAWS

These are the rules and regulations that are adopted by corporations benefit societies and associations that govern all ongoing activities.

BUSINESS EXPENSE

These are the various legitimate expenses that are incurred during conducting a business enterprise.

BAD FAITH CAUSE OF ACTION

a law suit that is based on an assumption that the opposing parties conduct showed reckless disregard of the suitor’s right and was unreasonable.

BEGGING THE QUESTION

This term applies to the argument that will assume that the question that is at issue has already been proved.

BICAMERAL

This terms means having 2 legislative houses such as a senate and a house of representatives that is different to a government with one legislative parliament.

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