Bill Of Exchange
a writing by a party (maker or drawer) ordering
another (payor) to pay a certain amount to a third party (payee); it is the same
as a draft; a bill of exchange drawn on a bank account is a "check"
Bill Of Lading
receipt obtained by the shipper of goods from
the carrier (trucking company, railroad, ship or air freighter) for shipment to
a particular buyer; it is a contract protecting the shipper by guaranteeing
payment and satisfies the carrier that the recipient has proof of the right to
the goods
Bill Of Particulars
written itemization of claims which a defendant in a lawsuit can demand of the
plaintiff to find out what are the details of the claims
Bill Of Rights
the first ten amendments to the federal Constitution
Binder
written statement of the key terms of an agreement, in particular insurance
policies, so that the insured as well as lenders can be assured there is valid
and adequate insurance coverage.
Blackmail
the crime of threatening to reveal embarrassing, disgraceful or damaging facts
(or rumors) about a person to the public, family, spouse or associates unless
paid off to not carry out the threat
Blue Laws
state or local laws which prohibit certain activities particularly
entertainment, sports, or drinking on Sunday, often see to honor the Christian
Sabbath
Blue Ribbon Jury
jury selected from prominent, well-educated citizens, sometimes to investigate a
particular problem such as civic corruption; use of blue ribbon juries in
criminal cases violates the right to have a jury of one's peers
Blue Sky Laws
laws intended to protect the public from purchasing stock in fraudulent
companies that lack substance, such as those selling swamp land, non-existent
gold strikes and dry oil wells, or who have no assets besides a post office box
Boiler Room
a telephone bank operation in which fast-talking telemarketers or campaigners
attempt to sell stock, services, goods, or candidates and act as if they are
calling from an established company or brokerage; often the telemarketers are
totally fraudulent and in violation of security laws