Business Law Glossary

noun a burden or hindrance

• The legal encumbrance on the property made it difficult to sell.
• Having to carry around all this paperwork is such an encumbrance.
• Ugh, this project is a total encumbrance, I wish it would just go away.
• Her fear of failure was an encumbrance that held her back from pursuing her dreams.

verb to meddle or interfere in the affairs of others

• It is not advisable to intermeddle in matters that do not concern you.
• I wouldn't intermeddle if I were you, it could cause unnecessary trouble.
• Don't intermeddle in their business, it's none of your concern.
• Sometimes it's best to not intermeddle with the natural order of things.

noun a person or entity who accepts a bill of exchange or promissory note for payment after it has been protested for non-payment by the original acceptor

• The bank agreed to act as the acceptor supra protest for the bill of exchange.
• The bank said they would be the acceptor supra protest for the bill.
• The bank is cool with being the acceptor supra protest for the bill.
• The bank is taking on the role of acceptor supra protest, no questions asked.

noun a person or entity that is acquired by another through a business transaction

• The acquisition deal was finalized, and the acquiree will now operate under the new ownership.
• The company that got bought out is now the acquiree, fancy term for the new guys.
• The acquiree just got scooped up by the big dogs in the industry.
• In the game of business, sometimes you're the acquirer and sometimes you're the acquiree.

noun a person or entity who is granted or awarded something through a legal or official decision, typically in the context of a bidding process or auction

• The adjudicataire was awarded the contract after submitting the winning bid.
• The adjudicataire is the one who won the bid for the project.
• The adjudicataire scored the deal for the project.
• The adjudicataire emerged victorious in the bidding war.