In authors' paper in 2007, it was shown that the BSE-extension of $C^1_0(R)$, the algebra of continuously differentiable functions f on the real number space R such that f and df /dx vanish at infinity, is the Lipschitz algebra $Lip_1(R)$. This paper extends this result to the case of $C^n_0(R^d)$ and $C^{n-1,1}_b(R^d)$, where n and d represent arbitrary natural numbers. Here $C^n_0(R^d)$ is the space of all n-times continuously differentiable functions f on $R^d$ whose k-times derivatives are vanishing at infinity for k = 0, ${\cdots}$, n, and $C^{n-1,1}_b(R^d)$ is the space of all (n - 1)-times continuously differentiable functions on $R^d$ whose k-times derivatives are bounded for k = 0, ${\cdots}$, n - 1, and (n - 1)-times derivatives are Lipschitz. As a byproduct of our investigation we obtain an important result that $C^{n-1,1}_b(R^d)$ has a predual.