KEY TERMS

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There are currently 3 terms in this directory beginning with the letter B.
B
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 may be relieved of liability for their debts after surrender of their nonexempt assets to a court-appointed trustee.
Bureau of Land Management
The branch of government in charge of surveying and managing public land.