The Law Dictionary

BUSINESS EXPENSE

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

An expense occurred in the normal and regular process of running and operating a business and which is deducted from gross revenues. It would generally be considered an operating expense. … [Read more...]

BUTTED AND BOUNDED

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

A phrase sometimes used in conveyancing, to introduce the boundaries of lands. See Butts and bounds. … [Read more...]

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