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balloon payment.See PAYMENT.[Blacks Law 8th]

balloon note.See NOTE(1).[Blacks Law 8th]

ballivo amovendo (b<<schwa>>-lI-voh ay-moh-ven-doh). [Latin “a bailiff to be removed”] Hist. A writ to remove from office a bailiff who does not have sufficient land in the bailiwick as required by the Statute of Westminster (1285).[Blacks Law 8th]

balliva. See BAILIWICK.[Blacks Law 8th]

baliva. See BAILIWICK. BALLISTICS ballistics. 1. The science of the motion of projectiles, such as bullets. 2. The study of a weapon’s firing characteristics, esp. as used in criminal cases to determine a gun’s firing capacity and whether a particular gun fired a given bullet.[Blacks Law 8th]

bale. A package of goods wrapped in cloth and marked so as to be identifiable on a bill of lading.[Blacks Law 8th]

balancing test.A judicial doctrine, used esp. in constitutional law, whereby a court measures competing interests — as between individual rights and governmental powers, or between state authority and federal supremacy — and decides which interest should prevail.[Blacks Law 8th]

balance-sheet test.See balance-sheet insolvency under INSOLVENCY.[Blacks Law 8th]

balance-sheet insolvency.See INSOLVENCY. [Blacks Law 8th]

balance sheet.A statement of an entity’s current financial position, disclosing the value of the entity’s assets, liabilities, and owners’ equity. — Also termed statement of financial condition; statement of condition; statement of financial position. Cf. INCOME STATEMENT.[Blacks Law 8th]