ABSENTEE OWNER
An owner of a real estate piece but does not live within its premises. An absentee owner may also refer to an entity, real estate investment trust ( REIT ) or corporation for example. The real estate that an absentee owner is holding may come to a wide variety, compared to an individual that may only own a single apartment or condominium, large scale real estates such as a shopping mall or an apartment building maybe owned by a corporation. The absentee owner's primary motivation is to generate return of investment through potential capital appreciation and rental income.
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BWP - Botswana Pula
Currency abbreviation for the Botswana Pula, the official currency of the Republic of Botswana. Presented with the symbol P, the currency is subdiv ...
Usury Rate
Usury Rate is the rate of interest that typically is unreasonably higher than the current market rates. Usury rate are most likely to be found in t ...
Hypermarket
Hypermarket is a combination of a department store and a grocery supermarket. A hypermarket offers various products like clothing, groceries, and a ...
Intermarket Trading System - ITS
An electronic computer system that connects the trading floors of all the main equity US exchanged. Essentially, the system allows any broker or ma ...
Global Industry Classification Standard - GICS
Standardized classification system for equities developed by Morgan Stanley Capital International (MSCI) and Standard & Poor's. The industr ...
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