In English law . Private and limited tribunals, held by prescription , charter, or act of parliament , in particular districts for the convenience of the inhabitants, that they may […]
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BOROUGH ENGLISH
A custom prevalent in some parts of England, by which the youngest son inherits the estate in preference to his older brothers. 1 Bl. Comm. 75.
BOROUGH FUND
In English law . The revenues of a municipal borough derived from the rents and produce of the land, houses, and stocks belonging to the borough in its corporate capacity, […]
BOROUGH SESSIONS
Courts of limited criminal jurisdiction , established in English boroughs under the municipal corporations act.
BOROUGH-HEADS
Borough- holders, bors-holders, or burs-holders.
BOROUGH-REEVE
The chief municipal officer in towns unincorporated before the municipal corporations act, (5 & 6 Win. IV. c. 76.)
BORROW
To solicit and receive from another any article of property or thing of value with the intention and promise to repay or return it or its equivalent. Strictly speaking, borrowing […]
BORROWE
In old Scotch law . A pledge.
BORROWER
Refer to borrow, lender or loan. When materials or services are using funds on credit. This can also be materials or services.
BORROWING
When money or an item is exchanged for the promise of being paid back in some way (usually more than the original cost to borrow).
BORROWING AUTHORITY OF PENSION BENEFIT GUARANTY CORPORATION (PBGC)
When the issuance of treasury notes is done, a corporation is granted access to borrow money from the US Treasury.
BORROWING CAPACITY
Depending upon the company or individuals financial situation, this is how much is available to be borrowed and usually some form of collateral is put on the table just in […]
BORROWING POWERS
The ability to borrow more funds. A person or company with a great deal in assets and little in debt is likely to have greater borrowing power than a person […]
BORSHOLDER
In Saxon law. The borough’s ealder, or headborough , supposed to be in the discreetest man in the borough, town, or tithing.
BOSCAGE
In English law . The food which wood and trees yield to cattle; browse- wood, mast, etc. Spelman. An ancient duty of wind-fallen wood in the forest. Manwood.
BOSCARIA
Wood-houses, or ox-houses.
BOSCUS
Wood; growing wood of any kind, large or small, timber or coppice. Cowell; Jacob.
BOSS
A person in charge of a worker or organization . A round knob, stud, or other protuberance, in particular . A cow.
BOSTON OPTION
(1) Any OVERTHECOUNTER OPTION where PREMIUM is paid at maturity rather than trade date. (2) See BREAK FORWARD .
BOSTON PLAN
A plan where insurers agree that they will not reject property coverage on residential buildings in a slum area. Insurers agree to accept the coverage until there has been an […]
BOSTON STOCK EXCHANGE (BSE)
The Boston Stock Exchange (now NASDAQ OMX BX) is a regional stock exchange located in Boston, Massachusetts. The third-oldest stock exchange in the United States , it was founded in […]
BOT
The larva of the botfly, which is an internal parasite of animals. Or a robot.
BOTANICALS
A substance obtained from a plant and used as an additive, esp. in gin or cosmetics.
BOTE
In old English law . A recompense or compensation , or profit or advantage. Also reparation or amends for any damage done. Necessaries for the maintenance and carrying on of […]
BOTELESS
In old English law . Without amends ; without the privilege of making satisfaction for a crime by a pecuniary payment ; without relief or remedy. Cowell.