GAZUNDER
Colloquial term in the United Kingdom that refers to the act of a buyer decreasing his true estate purchase offer below its past offer once the transaction is well under way. Usually, it happens when the market is frail and/or the seller considers it unethical. The seller may be forced to take the lower price than continue to pay the carrying costs on the property or hold it in a tumbling market.
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Peace Dividend
It is the funds that become available in the budget of the national government when the county is at peace, and can afford to lessen its defense sp ...
Subprime Meltdown
Situation which affected the mortgage industry in 2007 because of approving individuals with poor credit rating. The housing boom in mid-2000s and ...
False Market
A market in which prices are manipulated by false information, preventing the efficient negotiation of prices. These types of markets will often be ...
Worldwide Coverage
Worldwide Coverage is an insurance policy that provides international coverage for personal property owned by the insured against any loss or damag ...
In the Pink
Informal expression that describes a situation in which an economy or investor is in a rosy financial position. More generally, it pertains to bein ...
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