A law or rule governing the internal affairs of an organization (e.g., corporation or business).
Origin
From Middle English bylawe, bilawe, partly from Old English bīlage and partly from a variant of Middle English byrelawe, birlawe, from Old Norse byjar ("town's; settlement's") + log. byrlaw is attested earlier in English but is unattested in Old Norse and the cognates in Scandinavian languages follow the development of bylaw: Danish bylov ("municipallaw"), Swedish bylag and byalag.
Modern English dictionary
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