A term, used originally in the civil law , but now generally adopted, denoting a contract in which both the contracting parties are bound to fill fill obligations reciprocally towards […]

When a contract is terminated before its completion due to the court. Both parties are released. It can be cancelled with no replacement , it can be replaced, or changed.

When two countries agree that managers can be of any nationality , investment related transfers are allowed, assets are expropriated as with international law , and access is to arbitration […]

When both parties make a mistake during a transaction on the same matter at hand.

Changing the terms in a contract signed by contractor and owner. AKA supplemental agreement .

When the market has one buyer and one seller. Its common in intermediate states in production. A monopoly or monopsoly is different than this term.

The rights of the parties involved in a bilateral contract .

When two jurisdictions address issues of taxation. It happens when double taxing occurs. Tax collection assistance is another reason for such an agreement.

In admiralty law and marine insurance . That state or condition of a vessel in which water is freely admitted through holes and breaches made in the planks of the […]

A word used by Britton in the sense of “collateral.” En line bilinc, in the collateral line. Britt. c. 119.

Of a double language or tongue; that can speak two languages. A term applied in the old books to a jury composed partly of Englishmen and partly of foreigners, which, […]

A formal declaration , complaint, or statement of particular things in writing. As a legal term, this word has many meanings and applications, the more important of which are enumerated […]

When the goods bought are not owned until a certain date agreed to by the seller and buyer.

An ancient term including promissory notes and bonds for the payment of money. Com. Dig. “Merchant,” F. 2.

In Scotch law. A department of the court of session in which petitions for suspension, interdict, etc., are entertained. It is equivalent to sittings in chambers in the English and […]

Refer to dicounting of bill. and discounting.

A bill in equity in which the specific relief asked is an injunction against the execution of a judgment rendered at law and a new trial in the action, on […]

One which is filed by a mortgagee against the mortgagor, for the purpose of having the estate sold, thereby to obtain the sum mortgaged on the premises, with interest and […]

the statement that a decree from court was based on fraud and therefore the decree should be vacated and declared non-existent.

An INTEREST RATE FUTURES contract , bought or sold via an EXCHANGE, which references a shortterm GOVERNMENT BILL rate. See also BOND FUTURE , DEPOSIT FUTURE .

The founder of microsoft corporation . He is one of the wealthiest men in the world. He was involved with microsoft windows , internet explorere, and microsoft office . He […]

When guarantors gake the liabilty of the drawer and bill endorsers. It is sometimes spelled bill guarantee.

A bill in equity, to obtain a reexamination and reversal of a decree, filed by one who was not a party to the original suit, nor hound by the decree.

Where, on the abatement of a suit, there is such a transmission of the interest of the incapacitated party that the title to it, as well as the person entitled, […]

See dependent bill .