Banishment – in the area of Criminal Law, this term is used to detail a criminal punishment, where the convicted criminals, proclaimed guilty with a court decision, have been forced to leave the country (or town) and have not been…

Balloon mortgage – in the area of Law of Contracts, this term describes a mortgage loan, where there are certain amounts of the monthly installments, but the last installment is increased significantly and is not equal to them.  

Balanced budged – this term in the Accountancy Law details a budget for concrete term, formed by one entity, in which the income is relevant to the expenses made. In simple words, the entity spends not more money than they…

Bailable offense – in the area of Criminal Law, this term details a committed crime, for which the convicted person, suspected for its performance could be released from the arrest cage after making a commitment, secured with money or governmental…

Bad Title – this term is used mainly in the Real Estate Law. In many jurisdictions, the bad title will occur, where the ownership can not be transferred free of burdens towards the beneficiary. I.e. the beneficiary of title will…

Badge Of Fraud – this term is used in the area of Litigation Procedures. It refers to a behavior by the defendant that highly shows their intent to defraud the claimant to a legal action, or to slow down the…

Bad debt – within the area of Litigation Procedures in some jurisdictions, the bad debts are these uncollectible debts. I.e. the debts that a debtor may never pay back to their creditors – due to bankruptcy, or because of permanent…

Backstabber – within the area of Tort Law in some countries, this term refers to the figure of a person who tries to mislead you with the intention to harm/injure you; to do tort to you, while you have put…

Back rental income – within the Law of Contracts, this term is used to refer to a rental income that si due for occupancy of real estate for past periods, but still has not been paid by the tenant towards…

Backfilling – this term is used in the sphere of Employment Law in some jurisdictions, where it details a job position that is left by an employee (for some reason) and then being given to another employee. I.e. the backfilling…