ABSOLUTE TITLE
It is a title given to a property that frees it from any deficiency or encumbrance. The absolute title is given to the owner of a property that gives him/her an unequivocal right to own the said property, with no one can dispute or challenge him/her. This is in contrast with titles that have attachments, judgments or liens. This is sometimes referred to as "perfect title."
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Maximum Loan-to-Value Ratio
Maximum allowable ratio of a loan’s size to the property’s value that is securing the loan. Lenders measure the risk using loan-to-valu ...
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Ratio used to differentiate a business’ performance against other industry members. The company’s analysts may use the ratio internally ...
Retention Bonus
A reward given to an employee that serves as an incentive to keep that key employee on the job during a significant business cycle, like a merger o ...
Infrastructure
Basic physical systems of a business or country such as roads, utilities, transportation, communication, sewage, and water and electric systems, am ...
Cost Control
Act of managing and/or reducing business expenditures done by determining the costs and evaluating if such expenses are affordable and reasonable. ...
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