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board of equalization.See EQUALIZATION BOARD. [Blacks Law 8th]

  Board of Appeals.Patents & trademarks. Hist. A quasi-judicial body within the U.S. Patent and Trademark Office that was empowered to hear appeals by applicants whose patent applications had been wholly or partially rejected by patent examiners. • Its work is now done by the Board of Patent Appeals and Interferences. See BOARD OF PATENT…

board of education.A state or local agency that governs and manages public schools within a state or local district. Cf. SCHOOL BOARD. [Cases: Schools  51. C.J.S. Schools and School Districts §§ 110–111.][Blacks Law 8th]

board lot.See round lot under LOT(3)[Blacks Law 8th]

board-certified,adj. (Of a professional) recognized by an official body as a specialist in a given field of law or medicine <board-certified in civil litigation>. See BOARD OF LEGAL SPECIALIZATION. [Blacks Law 8th]

board. 1. A group of persons having managerial, supervisory, or advisory powers <board of directors>. • In parliamentary law, a board is a form of deliberative assembly and is distinct from a committee — which is usu. subordinate to a board or other deliberative assembly — in having greater autonomy and authority. 2. Daily meals…

BMI.abbr. BROADCAST MUSIC, INC. [Blacks Law 8th]

bluewater seaman.See able-bodied seaman under SEAMAN. BLURRING blurring,n. Trademarks. A form of dilution in which goodwill in a famous mark is eroded through the mark’s unauthorized use by others on or in connection with dissimilar products or services. • Blurring is one type of dilution that is actionable under the Federal Trademark Dilution Act, 15…

blue-sky law.A state statute establishing standards for offering and selling securities, the purpose being to protect citizens from investing in fraudulent schemes or unsuitable companies. [Cases: Securities Regulation  248–273. C.J.S. Securities Regulation §§ 3, 374–376, 379–411, 414.] “Although the public is probably more aware of the existence and operation of the several federal statutes administered…

blue-sky,vb. To approve (the sale of securities) in accordance with blue-sky laws <the company’s IPO has not yet been blue-skyed>. blue-sky,adj. (Of a security) having little value.[Blacks Law 8th]