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Simple English definitions for legal terms
Big Board
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A quick definition of Big Board:
Big Board: The Big Board is another name for the New York Stock Exchange, where people buy and sell stocks. It's also a big screen that shows the current prices of all the stocks listed on the exchange. Think of it like a giant scoreboard for the stock market!
A more thorough explanation:
Definition: The New York Stock Exchange. It can also refer to a quotation display that shows the current prices of securities listed on the NYSE.
For example, when people say "the stocks are up on the Big Board," they are referring to the NYSE and the current prices of the listed securities.
Definition: Town bylaws or laws made by a town's inhabitants for their own government.
For example, if a town creates a law that prohibits loud music after 10 pm, that law would be considered a bilagines.
Definition: A book used by bankers and merchants to record all that they owe and all that is owed to them; a balance sheet.
For example, a business owner may use a bilan to keep track of their financial transactions and debts.