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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

In Scotch law. A deed attaching a qualification or condition to the terms of a conveyance or other instrument. This deed is used when particular circumstances render it necessary to express in a separate form the limitations or qualifications of a right. Bell. The instrument is equivalent to a declaration of trust in English conveyancing. … [Read more...] about BACKBOND

The term to denote the opposite of good faith with ill will, usually used as an intent to deceive or mislead another intentionally which results in some advantage. For example, an act done in bad faith. … [Read more...] about BAD FAITH

1. An emergency or fortuitous infusion of cash or other helpful action that remedies a current problem, for example, a loan may come through to provide a company with operating capital after an officer made a mistake resulting in a cash shortfall. 2. To pay a defendant's bail money which allows the defendant to be released from jail as a result. … [Read more...] about BAIL OUT

In old Scotch law. A poor Insolvent debtor, left bare and naked, who was obliged to swear In court that he was not worth more than five shillings and five pence. … [Read more...] about BAIR-MAN