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Deodands, (q. v.) … [Read more...] about BANI

A private person who keeps a bank; one who is engaged in the business of banking. Law Dictionary - Alternative Legal Definition com. law. A banker is one engaged in the business of receiving other persons money in deposit, to be returned on demand discounting other persons' notes, and issuing his own for circulation. One who performs the business usually transacted by a bank. … [Read more...] about BANKER

Com. law. The difference between the exports and importations, between two countries. The balance of trade is against that country which has imported more than it has exported, for which it is debtor to the other country. … [Read more...] about BALANCE OF TRADE

The large, final payment that is due when a loan ends. This most frequently refers to home loans, car loans or similar, where the final balloon payment will pay off the entire amount of the loan that weren't covered by monthly amounts due. In many states, balloon payments primarily for personal or family household use are prohibited or they may require the lender to allow … [Read more...] about BALLOON PAYMENT

In criminal law. A punishment inflicted upon criminals, by compelling them to quit a city, place, or country for a specified period of time, or for life. See Cooper v. Telfair, 4 Dall. 14, 1 L. Ed. 721; People v. Potter, 1 Park. Or. R. (N. Y.) 54. It is inflicted principally upon political offenders,1 "transportation" being the word used to express a similar punishment of … [Read more...] about BANISHMENT