Bailment: The temporary transfer of personal property by one person in trust to another. The property is delivered for a special purpose with the understanding that it will be returned when the purpose of the bailment is carried out.

Bearer paper: A negotiable instrument which can be transferred by delivery, and which does not require endorsement.

Bench warrant: A process issued by the court for the arrest of a person guilty or contempt or indicted for a crime.

Bequeath: The word referring to the giving of personal property by a will, i.e., a bequest.

Bill of particulars: A document specifying the details of a claim for which a suit is brought.

Bill of sale: A written statement by which one person transfers to another the rights to personal property.

Bona fide: A Latin phrase meaning that one acts "in good faith," without intention to defraud or deceive.

Bond: A formal certificate of debt.