Law about consumer financial problems
Bankruptcy trustee is an administrator appointed by the court to oversee the debtor’s estate in a bankruptcy proceeding. The trustee can evaluate and make recommendations about various debtor demands, but cannot act without approval of the court.
A basis point (often abbreviated as bp) is a unit of measurement that denotes a change in the interest rate of a financial instrument and is equal to 1/100th of 1% or 0.01%. It is a usual practice in the financial industry to use basis points to denote the difference (spread) between two interest rates.
The Bipartisan Campaign Reform Act of 2002 (BCRA) was enacted by the 107th Congress, 2nd Session, and signed into law by President Bush on March 27, 2002 to amend the Federal Election Campaign Act of 1971 (now located at Title 52, Subtitle III of the U.S.
A bearer is an individual in possession of an instrument or bearer paper (e.g. a check). The instrument may be payable to the person in possession (ie.
A bearer is an individual who is in possession of a negotiable instrument, document of title, or proof of security that is either payable to the person in possession (ie. payable to bearer) or endorsed in blank. These types of instruments are commonly known as bearer papers.
A beneficial ownership is a trust arrangement whereby the beneficial owner of a security has the power to vote on and influence decisions regarding that security, and receives the benefit afforded by the security, even though in street name the security may be held by someone other than the true owner, such as a broker, for safety or convenience reasons.
Bilateral investment treaties (BITs) are international agreements between two countries establishing the terms and conditions for private investment in each other’s territory by nationals and companies of one country to the other country.
A bill is a formal or public writing or declaration of one’s claim against another:
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 draft or draught, but draft usually applies to domestic transactions only. The term bill of exchange may also be applied broadly to other instruments of foreign exchange.
The Bipartisan Campaign Reform Act of 2002 (BCRA) was enacted by the 107th Congress, 2nd Session and signed into law by President Bush on March 27, 2002 to amend the Federal Election Campaign Act of 1971 (now located at Title 52, Subtitle III of the
