Typically used in reference to another person who has an interest a business with another person, such as a fellow partner in a partnership. … [Read more...]
BUYER
contracts. A purchaser; a vendee. … [Read more...]
BUSINESS PURPOSE
An act performed for the purpose of carrying out a business as opposed to a personal or non-business reason. The cost for activities that do not have a business purpose should not be legitimately paid by the business or reduced from its gross revenues for tax purposes. … [Read more...]
BUYER IN THE ORDINARY COURSE OF BUSINESS
An ordinary purchaser. One who makes a purchase in good faith without the knowledge of other external factors, such as third party interests. … [Read more...]
BURSARIA
The exchequer of collegiate or conventual bodies; or the place of receiving, paying, and accounting by the bursars. Also stipendiary scholars, who live upon the burse, fund, or joint stock of the college. … [Read more...]