Dictionary

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...

Business Opportunity

Definition: A business for sale. Pronunciation: ˈbiznəs ˌäpərˈt(y)o͞onədē Used in a Sentence: We are looking for a broker that specializes in business opportunities.

Business Broker

Definition: A broker that specializes in the sale or lease of a business or business opportunity. Pronunciation: ˈbiznəs ˈbrōkər Used in a Sentence: We are going to hire a business broker to find...

Broker’s Price Opinion (bpo)

Definition: A formal (written) opinion of value for a property determined by a broker. Additional Information: Usually used for distressed properties such as short sales. Pronunciation: ˈbrōkərs prīs əˈpinyən Used in a Sentence: The...