In fact, many people refer to the document as a 'bill of sale contract'. In most cases, the contract is legally binding between buyer and seller as long as the bill of sale follows guidelines required in the state where the sale or transfer takes place.
Infamy definition, extremely bad reputation, public reproach, or strong condemnation as the result of a shameful, criminal, or outrageous act: a time that will live in infamy. See more. Dictionary.com
Definitions (2). 1. An insurance policy provision under which the insurer and the insured share costs incurred after the deductible is met, according to a specific formula. 2. More generally, a sharing of risk between the insurer and the insured. also called copay.