Business valuation – in the area of Corporate Law, this term refers to the procedure of valuating the price of a concrete company. Usually their assets are valuated, as well their trading ability and market connections for making profit.

Business insurance – the business insurance is an instrument, used by independent lawyers to transfer the risk of damaging the interests of their clients during work, towards insurance company, to which they pay regularly premium. Basically this is a necessary…

Burden on real estate – this term is used in the Real Estate Law in many legal systems, where the burden is a legal encumbrance, submitted on concrete real estate in favor of another party. For example, if you sue…

Bunkhouse provision – within the area of Employment Law, the bunkhouse provision grants that an employee, who gets injured while residing in the employer’s house, will get compensation. Even if the injury has not happened during labor hours.

Bundle of property rights – in the sphere of Real Estate Law, this legal phrase details the package of legal rights, which are acquired when buying immovable property (except these that are limited or left to the seller). These usually…

Bullet agreement – in the area of Insurance Law in some legal systems, the bullet agreements are small-risk investment agreements that grant to the investor a guaranteed principal repayment and interest on top of it.

Bullet clause – this term is used in the sphere of Corporate Law, to detail an agreement among shareholders or co-owners of business entity, where they agree the concrete price, for which each one of them can purchase the shares…

Brevitatis causa – this legal term comes from Latin. It translates as “for the sake of brevity”. It is formed from the words “brevitatis”, that literally means “brevity” or “shortnes”, and “causa”, which literally means “a cause”. In the legal…

Brevia judicialia – this term comes from Latin. within the area of Court procedures it details all the writs and orders, issued during the court case or during the execution procedure. All the various writs and the specifics for their…