Celebrated in the fiftieth year as the culmination of seven sabbatical years. During this year property was restored and Hebrew slaves were released. This year of liberation gave opportunity for a new start, and is alluded to as a type of the Messianic age.
Leviticus 25:11-12,20-22
These instructions apply to the sabbatical year. The Year of Jubilee may have been an additional fallow year, or may have coincided with the seventh sabbatical year.
The restoration of property in the Year of Jubilee