B

Balloon payment: The final payment of the balance due on a partially amortized loan.

Base rent: The minimum monthly rent due to the landlord. Typically, it is a fixed amount.

Basis: The total amount paid for a property, including equity capital and the amount of debt incurred.

Before-tax investment value: The sum of the present values of the mortgagor and mortgagee of property.

Business risk: The uncertainty associated with the possible profit outcomes of a business venture.