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| Balloon Mortgage |
| A mortgage that is amortized over a specific period of years, but requires a lump sum payment in full
at an earlier date. |
| Bankruptcy |
| A federal court proceeding in which debtors are relieved of liability for their debts after surrender
of their assets to a court appointed trustee. |
| Bureau of Land Management |
| The branch of government in charge of surveying and managing public lands. |
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| Note: The terms contained on this website are defined in their most commonly used form. Should
more precise interpretations of these terms be necessary, we advise you to seek the counsel of an attorney. |
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