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.
POPULAR TERMS
Mad Hatter
A leader or managerial team who makes impulsive or unusual decisions. Usually a CEO, a mad hatter will frequently make puzzling decisions, which ma ...
Frozen Account
A bank account from which no funds may be withdrawn or purchases that may be charged. A frozen account may occur when the account holder fails to p ...
Foreclosure Action
The legal proceedings done by a lender in the cast of mortgage default. Foreclosure action is the actual filing of and carrying through of the fore ...
United States Dollar
The USD (United States Dollar) is the abbreviation for the currency of the United States of America. The United States dollar is equivalent to 100 ...
Property Dividend
A substitute to cash or stock dividends. It may either include shares of a subsidiary company or physical assets such as inventories that a company ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Digesting Financial Statements: Earnings
For assessing how a company performed in a given period, the relation between income and cash flow statements should be taken into account. Several ...
A Guide to Your Personal Income Tax: Last-Minute Moves
December 31 is fast approaching. The next thing you know you need to file your income tax return. So before you get swarmed by the hustle and bustl ...
Buying a Home: Choosing the Best Location
The first consideration when buying a new house is choosing the place where you want to live, regardless if this will serve as an investment or upg ...
An Introduction to Student Loans
A college education is one of the most essential investment in a person’s life. Unfortunately, in this time and age, it has also become one o ...
The Types of Stock
Now that you’ve learned the basics of stocks, what it is, and how it works, we can now learn more about them. The next thing you need to know ...
ECONOMIC CALENDAR
Time | Country | Indices | Period |
---|---|---|---|
02:00 | ANZ Business Confidence | Sep | |
02:00 | ANZ Business Confidence | Sep | |
03:30 | Private Sector Credit | Aug | |
03:30 | PMI Manufacturing | Sep | |
03:30 | Non-Manufacturing PMI | Sep | |
03:30 | Private Sector Credit | Aug | |
03:30 | PMI Manufacturing | Sep | |
03:30 | Non-Manufacturing PMI | Sep | |
03:45 | Markit Final Manufacturing PMI | Sep |