ABSENTEE LANDLORD
An entity or individual that leases or rents real estate to another entity, but is not residing within the premises. An absentee landlord may refer to anyone from an overseas conglomerate to even a local investor. Generating rental income from their holdings is the main objective of the landlords regardless of the operation size. Management companies are usually hired by absentee landlords to maintain the properties and conduct the collection of rental payments.
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Brokerage Supervisor
Brokerage company officer responsible for appointing, training, and managing brokers, as well as for selling the products to the brokers. The super ...
Incremental Dividend
Series of regular increases to a company’s dividend. Many huge corporations prefer to include this policy because it demonstrates the firm&rs ...
Balloon Option
An option contract wherein the strike price dramatically increases after the price of the underlying asset reaches a specified threshold. A balloon ...
Activity Center
An amalgam of activity costs related with specific processes and accounted in activity-based costing (ABC) systems. Ever activity center is identif ...
Parity
Parity is defined as:
It is a situation of equality. It may appear in many different context, but it constantly means two t ...
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