The Law Dictionary

BUYOUT AGREEMENT

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

An agreement between contracting parties where one party buys out their obligations under the contract for a certain sum of money. … [Read more...]

BURYING-GROUND

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

A place set apart for the interment of the dead; a cemetery. Appeal Tax Court v. Academy, 50 Md. 353. … [Read more...]

BUSSA

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

A term used in the old English law, to designate a large and clumsily constructed ship. … [Read more...]

BUY-SELL AGREEMENT

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

An agreement that covers the ending for a relationship between two or more co-owners of a property or business. The agreement covers any restrictions over the sale of the departing partner's share such as who the share may be sold to, what price, whether there is a right for the other partners to purchase at the same price (right of first refusal) and the like. The agreement … [Read more...]

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