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borrowed-statutes doctrine.The principle that if one state adopts a statute identical to that of another state, any settled judicial construction of that statute by the courts of the other state is binding on the courts of the state that later enacts the statute. [Cases: Courts  95(2); Statutes  226. C.J.S. Courts § 157; Statutes §§ 358–361.][Blacks…

borrowed servant.See borrowed employee under EMPLOYEE. [Blacks Law 8th]

borrowed employee.See EMPLOYEE.[Blacks Law 8th]

borrowed capital.Funds lent to a corporation or other entity to finance its operations, such as cash dividends that are declared by a corporation but temporarily retained (with stockholder approval) to provide operating funds. [Cases: Internal Revenue  4133; Taxation  378. C.J.S. Taxation § 550.][Blacks Law 8th]

borrow,n. A frankpledge. — Also spelled borgh; borh. See DECENARY; FRANKPLEDGE. borrow,vb.1. To take something for temporary use. 2. To receive money with the understanding or agreement that it must be repaid, usu. with interest. See LOAN. [Cases: Contracts  194.][Blacks Law 8th]

borough sessions.Criminal court sessions held before a municipal recorder. Cf. BOROUGH COURTS; RECORDER(1). [Blacks Law 8th]

borough reeve.See REEVE. [Blacks Law 8th]

borough-holder. See BORSHOLDER.[Blacks Law 8th]

borough fund.English law. The revenue generated by a municipal borough.[Blacks Law 8th]

borough court.English law. An inferior civil court of record, usu. presided over by the municipal recorder. • Most borough courts were abolished by Parliament in 1972. Cf. BOROUGH SESSIONS; RECORDER(1). BOROUGH ENGLISH borough English.Hist. A common-law rule of descent whereby the youngest son (or sometimes the youngest daughter or collateral heir) inherited all his father’s…