Dictionary

Base Line

Definition: Imaginary lines running east and west and crossing a principal meridian at a definite point; used by surveyors for reference in locating and describing land under the government survey system....

Base Industry

Definition: Businesses that attract outside money into the area. Pronunciation:\ˈbās ˈin-(ˌ)dəs-trē\ Used in a Sentence:   The Orlando area  has a large number of base industries that attract tourists to the area....

Bargain And Sale Deed

Definition: A type of deed in which title is transferred and a limited number of warranties are made regarding title to or use of the property. Pronunciation: \ˈbär-gən\ Used in a Sentence: ...

Balloon Payment

Definition: A single, large payment made at maturity of a partially amortized mortgage to pay off the debt in full. Pronunciation: \bə-ˈlün\ Used in a Sentence:   At the end of his loan...

Balance Sheet

Definition: A financial report that show’s a company’s financial position at a stated period of time Pronunciation: \ˈba-lən(t)s\ Used in a Sentence:   The buyer requested to see the balance sheet for the...

Attorney-in-fact

Definition: One who is authorized to perform specific acts for another under a power of attorney. Pronunciation: \ə-ˈtər-nē Used in a Sentence:    The buyer had an attorney-at-fact sign her loan papers...