Belg. and Germ. Bottomry, (q. v.) … [Read more...]
BON
Fr. In old French law. A royal order or check on the treasury, invented by Francis I. Bon pour mille livres, good for a thousand livres. Step. Lect 387. In modern law. The name of a clause to a cedule or promise, where it is not in the handwriting of the signer, containing the amount of the sum which he obliges himself to pay. Poth. Obi. part 4, ch. 1, art 2, … [Read more...]
BOND DISCOUNT
Also known as a bond premium. The purchase of a bond for an amount that is lower than its value. … [Read more...]
BODY
A person. Used of a natural body, or of an artificial one created by law, as a corporation. Also the main part of any instrument; in deeds it is spoken of as distinguished from the recitals and other introductory parts and signatures; in affidavits, from the title and jurat. The main part of the human body; the trunk. … [Read more...]
BONA
(noun) - Latin: n. Goods; property; possessions. In the Roman law, this term was used to designate all species of property, real, personal, and mixed, but was more strictly applied to real estate. In modern civil law, it includes both personal property (technically so called) and Chattels real, thus corresponding to the French Mens. In the common law, its use was confined to … [Read more...]