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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Skimming
Skimming is an act used by identity thieves to capture the personal information of an individual through electronic means. A little electronic devi ...
Federal Poverty Level - FPL
The minimum amount of gross income that a family needs for food, clothing, transportation, shelter and other necessities. In the United States, thi ...
Hiring Freeze
A situation where the employer temporarily freezes the hiring of new employees. Hiring freeze is put into place as a cost-saving effort as a result ...
Lump-Sum Payment
Repayment of the total or partial value of an asset by one-time payment. Usually, this is taken instead of recurring payments that would be receive ...
Announcement Date
The date in which a company will make an announcement on the details pertaining an issue of equity or debt. The announcement da ...
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You concluded remodeling is expensive upon considering all important factors. So you decided to move to another house instead. But, is moving less ...
Digesting Financial Statements: Long-Lasting Assets
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Macroeconomics: Basic Concepts
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Buying a Home: Finding the Best House
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