AVERAGE n.
cargo, and freight at risk and saved by the sacrifice. Kent. -- Particular average signifies the damage or partial loss happening to the ship, or cargo, or freight, in consequence of some fortuitous or unavoidable accident; and it is borne by the individual owners of the articles damaged, or by their insurers. -- Pe…
BACK v.
the cable of the small one being fastened to the crown of the large one. -- To back the field, in horse racing, to bet against a particular horse or horses, that some one of all the other horses, collectively designated "the field", will win. -- To back the oars, to row backward with the oars. -- To back a rope, to…
BALANCE n. 2 definitions
indicates, by weights suspended from one arm, the mutual attraction of oppositely electrified surfaces. Knight. -- Balance fish. (Zoöl) See Hammerhead. -- Balance knife, a carving or table knife the handle of which overbalances the blade, and so keeps it from contact with the table. -- Balance of power. (Politics),…
BANK BILL n.
note, or a bill of exchange, of a bank, payable to order, and usually at some future specified time. Such bills are negotiable, but form, in the strict sense of the term, no part of the currency.