A loose ball and a loose ball play have distinct and different definitions. Walt posted the LBP, here's the definition of a loose ball:
2-1-3...A loose ball is a pass, fumble or a kick. The terms “pass,” “fumble”
and “kick” are sometimes used as abbreviations when the ball is loose following
the acts of passing, fumbling or kicking the ball. A loose ball which has not yet
touched the ground is in flight. A grounded loose ball is one which has touched the ground. Any loose ball continues to be a loose ball until a player secures
possession of it or until it becomes dead by rule, whichever comes first.
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