VOCABULARY B

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término English definición English
ban
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to forbid sth or to make it illegal
bankrupt
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unable to pay your debts
bear
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to carry a heavy burden such as the responsibility
beneficiary
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a person who is left property in a will
binding
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if an agreement is described as binding it means that a court recognises this agreement as being valid
blacklist
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to put people or companies onto a list with whom you will not do business
board
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a group of people in a company or an organisation who run the company and make any important decision
boilerplate clause
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a general term used to describe a typical clause that is found in most commercial contracts such as clauses dealing with service of notice or governing law
bona fide
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real, true in good faith, to act honestly without any knowledge of wrongdoing
borrow
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to take sth from someone with their permission and use it for a period of time before returning it to them
breach
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to break a contract, not to fulfil your contractual obligations
breakdown
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a written list itemising the total cost of sth such as a bill
budget
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to plan income and expenditure for a future period, the name given to the plan itself
burden of proof
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the duty and responsibility to prove that sth that has been alleged is actually true

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