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In English law. An obsolete writ addressed to a corporation for the carrying of weights to such a haven, there to weigh the wool anciently licensed for transportation. Reg. Orig. 270. … [Read more...] about BILANCHS DEFERENDIS

It is provided by the Constitution of the United States, art. 1, s. 10, that no state shall emit bills of credit, or make anything but gold and silver coin a tender in payment or debts. Such bills of credit are declared to mean promissory notes or bills issued exclusively on the credit of the. state, and for the payment of which the faith of the state only is pledged. The … [Read more...] about BILL OF CREDIT

That which affects two parties (or both parties.) … [Read more...] about BILATERAL

contracts. When a merchant by his writing acknowledges himself in debt to another, in a certain sum to be paid on a certain day and subscribes it at a day and place certain. It may be under seal or not. … [Read more...] about BILL OF DEBT or BILL OBLIGATORY

A contract between two parties with a mutual exchange of promises. civil law. A contract in which both the contracting parties are bound to fulfill obligations reciprocally towards each other; as a contract of sale, where one becomes bound to deliver the, thing sold, and the other to pay the price of it. Vide Contract; Synallagmatic contract. Law Dictionary - Alternative Legal … [Read more...] about BILATERAL CONTRACT