HOLDOVER TENANT
A person who remains in a property after the lease expired. If the landlord still accepts rent payments, the holdover tenant may legally continue to occupy the property. State laws determine how long the holdover tenant's new rental term is if the landlord accepts rent. If the landlord decided not to accept further rent payments, the tenant is considered to be trespassing if he does not quickly move out, and eviction may be necessary to force the tenant to leave.
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Mature Economy
An economic situation where the birth rate is stable or lower than mortality rate, as well as the pace of economic growth has slowed down. It is ch ...
Blackberry Addiction
Colloquial term for overreliance or overuse of Blackberry. The smartphone is manufactured by Research in Motion. It is a prevailing condition for s ...
Completed Contract Method - CCM
Accounting method allowing a taxpayer or business to defer reporting of income and expenses until the contract has been completed. Frequently, this ...
Choice Market
Market in which the spread between the bid and ask prices for a particular financial instrument is zero. Meaning the instrument can be purchased fo ...
Rational Pricing
A theory that states the prices that reflect a security’s fundamental value and the absence of arbitrage opportunities.
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