In English law. The chief men of a town, representing the inhabitants. … [Read more...]
BUSINESS EXPENSE
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
A phrase sometimes used in conveyancing, to introduce the boundaries of lands. See Butts and bounds. … [Read more...]
BY THE BY
Incidentally; without new process. A term used in former English practice to denote the method of filing a declaration against a defendant who was already in the custody of the court at the suit of a different plaintiff or of the same plaintiff in another cause. … [Read more...]
BUSINESS GAIN or BUSINESS LOSS
The gain or loss as a result of running a business, may also be referred to as net gain or net loss, see both terms for further clarification. … [Read more...]