Law Dictionary Definitions

bigamous (big-<<schwa>>-m<<schwa>>s), adj.1. (Of a person) guilty of bigamy. 2. (Of a marriage) involving bigamy.[Blacks Law 8th]

bifurcated divorce.See divisible divorce under DIVORCE.[Blacks Law 8th]

bifactoral obligation.See OBLIGATION.[Blacks Law 8th]

biennium (bI-en-ee-<<schwa>>m).1. A two-year period. 2. The period for which many state legislatures make appropriations. [Cases: States  131.C.J.S. States §§ 234–239.] BIENS biens (beenz or byenz). [French] Hist. Goods; property. • Biens includes real property in most civil-law jurisdictions. Cf. BONA.[Blacks Law 8th]

biennial session.See SESSION(1).[Blacks Law 8th]

bid wanted.Securities. A dealer’s notation that bids are being sought from anyone on a security for sale. • The notation appears in the pink sheets. — Abbr. BW. See PINK SHEET. [Blacks Law 8th]

bid-shopping. A general contractor’s effort — after being awarded a contract — to reduce its own costs by finding a subcontractor that will submit a lower bid than the one used in calculating the total contract price. • If a lower bid is obtained, the general contractor will receive a windfall profit because the savings…

bid quote.Securities. The price a broker will pay for a security or commodity.[Blacks Law 8th]

bid price.See PRICE.[Blacks Law 8th]

bid peddling.See BID-SHOPPING. [Blacks Law 8th]