3 7 A B C D E F G H I J K L M N O P Q R S T U V W

Bill of exchange

Tags:

Bill of exchange: Written, signed instrument requiring the person to whom it is addressed to pay on demand (or on a future date) a fixed amount of money either to the person identified as payee or to anyone presenting the bill of exchange. A cheque is a form of bill of exchange.


Bill of lading

Tags:

Bill of lading: Document used in foreign trade, acknowledging that a company has received goods for transportation. The Bill serves as title to the goods until they have reached their destination.


Bond

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sum of money or securities submitted to the client (3.7.2) or placed in the hands of a third party to guarantee completion (3.5.23) and recovery of the sums which the contractor (3.7.6) is recognized as owing under the terms of the contract (3.1.2)


Building

Tags:

building includes part of a building and any class or classes of structure which are prescribed by the Minister to be a building for the purposes of this Act.