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practice. When the proceedings of the courts were recorded in Latin, and the grand jury found a bill of indictment to be supported by the evidence, they indorsed on it billa vera; now they indorse in plain English a true bill. … [Read more...] about BILLA VERA

An arbitration where all the parties agree to be bound or accepting of the finding and decision of the arbitrator or panel. … [Read more...] about BINDING ARBITRATION

That which is able to be billed, usually a service or good that has been delivered and able to be billed to the recipient. … [Read more...] about BILLABLE

A contract where the parties agree will obligate both parties to perform on the stated agreement. Also used as a term to mean a valid and enforceable contract. … [Read more...] about BINDING CONTRACT

commerce, accounts. One in in which an account is kept of promissory notes, bills of exchange, and other bills payable or receivable: it ought to contain all that a man issues or receives. The book should show the date of the bill, the term it has to run before it becomes due, the names of all the parties to it, and the time of its becoming due, together with the amount for … [Read more...] about BILL-BOOK