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...]

In old English law. Short pieces of land left unplowed at the ends of fields, where the plow was turned about, (otherwise called "headlands,") as sidelings were similar unplowed pieces on the sides. Also a place where bowmen meet to shoot at a mark. … [Read more...]

Eng. law. A declaration may be filed without a new process or writ, when the defendant is in court in another case, by the plaintiff in that case having filed common bail for him; the declaration thus filed is called a declaration by the bye. … [Read more...]

Those hours of the day during which, in a given community, commercial, banking, professional, public, or other kinds of business are ordinarily carried on. This phrase is declared to mean not the time during which a principal requires an employee's services, but the business hours of the community generally. Derosia v. Railroad Co., 18 Minn. 133, (Gil. 119.) … [Read more...]

This phrase is used to express the ends and boundaries of an estate. The word butt, being evidently derived from the, French bout, the end; and bounds, from boundary. … [Read more...]