GLOSSARY 569

GLOSSARY 569

CONFESSION OF JUDGMENT — An entry of judgment upon the debtor’s voluntary admission or confession. CONFIRMATION OF SALE — A court approval of the sale of property by an executor, administrator, guardian or conservator. CONFISCATION — The seizing of property without compensation. CONFORMITY, PRINCIPLE OF — Holds that the maximum of value is realized when a reasonable degree of homogeneity of improvements is present. Use conformity is desirable, creating and maintaining higher values. CONSERVATION — The process of utilizing resources in such a manner which minimizes their depletion.