A bill is a formal or public writing or declaration of one’s claim against another:
A bill may be an equitable pleading of a claim in a court of equity. At early common law, a bill in equity was analogous to a declaration in law...money and financial problems
bill of exchange
A bill of exchange, a short-term negotiable instrument, is a signed, unconditional, written order binding one party to pay a fixed sum of money to another party on demand or at a predetermined date. A bill of exchange is sometimes called...
biweekly mortgage
Biweekly mortgage is defined as an option of paying a mortgage, in which payments are made every 2 weeks as opposed to the traditional payment schedule in which 12 monthly payments are made every year.
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blank endorsement
Blank endorsement is a kind of signature on a financial instrument. It has no designated payee, so the person who possesses it can demand payment, for example, a check made payable to cash and endorsed on the back with the signature of the...
blanket security lien
A blanket security lien is a type of security interest over the assets of an entire entity rather than an individual asset. While blanket liens can technically be placed on the assets of an individual person, they are more commonly seen on...
bond
A bond refers to an obligation to pay a specified amount of money.
In the field of business, a bond functions similar to a loan and is sold by entities seeking an inflow of cash now in exchange for the promise of future interest on...book account
A book account is a record of all the financial information of a person or business. It is a statement of the debit and credit of an individual which also shows the amount of debt a person owes at any given time. In terms of a business’s book...
bookkeeping fraud
Overview
Bookkeeping fraud (also referred to as accounting fraud) refers to types of fraud committed by officers, accountants, and other employees that manipulate company finances and records to achieve some kind of personal gain. There are...
breach of contract
A breach of contract occurs whenever a party who entered a contract fails to perform their promised obligations. Due to the frequency of breaches of contract, a robust body of law has grown to resolve the ensuing disputes.
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broker
A broker is a person or entity that arranges contracts and acts as an intermediary between a buyer and seller for a commission. A broker is an independent party to a transaction and should not be confused with an agent who acts on behalf of a...