The Law Dictionary

BY ESTIMATION

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

In conveyancing. A term used to indicate that the quantity of land as stated is estimated only, not exactly measured; has the same meaning and effect as the phrase "more or less." Law Dictionary - Alternative Legal Definition contracts. In sales of land it not infrequently occurs that the property is said to contain a certain number of acres, by estimation, or so many acres, … [Read more...]

BUSINESS

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

An effort that is intended to result in a profit. Business organizations may be informal (sole proprietorship) and not require filing or they may be formal and which come with additional benefits such as limited liability (corporation, limited liability company, etc.) Law Dictionary - Alternative Legal Definition This word embraces everything about which a person can be … [Read more...]

BUTT

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

A measure of liquid capacity, … [Read more...]

BUSINESS EQUITY

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

Also known as owners equity, this is the value of a business after subtracting business liabilities from business assets. … [Read more...]

Legal Disclaimer: The content appearing on our website is for general information purposes only. When you submit a question or make a comment on our site or in our law forum, you clearly imply that you are interested in receiving answers, opinions and responses from other people. The people providing legal help and who respond are volunteers who may not be lawyers, legal professionals or have any legal training or experience. The law is also subject to change from time to time and legal statutes and regulations vary between states. It is possible that the law may not apply to you and may have changed from the time a post was made. All information available on our site is available on an "AS-IS" basis. It is not a substitute for professional legal assistance. Before making any decision or accepting any legal advice, you should have a proper legal consultation with a licensed attorney with whom you have an attorney-client privilege. For purposes of New York and New Jersey State ethics rules, please take notice that this website and its case reviews may constitute attorney advertising.