The Law Dictionary

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

Category: B

BILLY

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

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.

BONDED INDEBTEDNESS

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

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.

BUILDING LINES

These are the setback lines and the line on the street where you cannot build in front of.

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.

BUSINESS AGENT

the person who is the representative of a labour union who hears the worker’s grievances.

BREAKING INTO

This term applies to illegally entering any premises with the intention of stealing.

BAILIFF ERRANT

the person who is appointed by a sheriff who will perform acts such as serving summonses, subpoenas etc.

BINDING ARBITRATION

an arbitration where the arbitrating parties must accept all of the findings and decisions of the arbitrator or arbitrators.

BOND-CREDITOR

the term that applies to the creditor who has taken a bond in order to secure his debt.

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