Bill of sight – this term is used in the Maritime Law in some jurisdictions. When the recipient of goods is unsure about what goods are being shipped to them, they fill application for issuance of bill of sight by…

Bill of conformity – this term refers to a situation, where the administer of an estate confirms they will not be able to administer it enough without the ruling of the court. This is why they fill in a bill…

Bill in quia timet – within the area of Property Law, this term gives the the name of a bill that is submitted in court by a party which fears some tort to their legal right or estate – usually…

Billing date – within the sphere of Finance Law, the companies and business practitioners use billing dates as the end of 30-days periods to bill their customers for payment. For example, when you use a monthly service, at a certain…

Bifurcate – this term is used in Court Trials in some jurisdictions, where refers to procedure held by the judge to dissolve a single matter within the pending case. This matter, once solved, will be enough to end the process…

Best-efforts agreement – within the area of Contracts Law in some jurisdictions, this term details a type of agreement, signed because of the concrete personality and abilities of the assignee, with the role to oblige him to perform their best…

Benevolent organization – in most countries the benevolent organizations are type of companies, established for charitable activities, but not for acquiring profit/dividends for their shareholders or owners.

Benefit Order – within the sphere of Litigation Procedures in some countries, the benefit order is a written document, consisting of obligation for payment towards the person, detailed in the order as “beneficiary” the full amount, stipulated in the order,…