A person who delivers personal property to another person, for example, the person who leaves a broken computer with a technician for repair. … [Read more...] about BAILOR
B
BACKBEREND
Sax. Bearing upon the back or about the person. Applied to a thief taken with the stolen property in his immediate possession. Bract. 1, 3, tr. 2, c. 32. Used with handfoabend, having in the hand. … [Read more...] about BACKBEREND
BAD DEBT
A valid debt deemed uncollectible and written off. The debt of an insolvent debtor. … [Read more...] about BAD DEBT
BAIL MONEY
The money paid for a defendant's bail and release. … [Read more...] about BAIL MONEY
BAILOUT
When one entity (a government, corporation or wealthy individual) provides emergency funding to a failing entity in order to enable that entity to continue and avoid being shut down as a result of its grave financial condition. … [Read more...] about BAILOUT