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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Giffen Good
Good for which demand rises as the price escalates, and declines when the price decreases. It has an upward-sloping demand curve, contrary to the f ...
Inactivity Fee
Fee charged to investors by brokerages for infrequent trading in their brokerage accounts to meet the minimum trading requirement
CVE
Currency abbreviation for the Cape Verde escudo, the official currency of the Republic of Cape Verde. The CVE subunit is called the centavo. Instea ...
Product Recall Insurance
An insurance that covers the costs involved in recalling possibly defective products made by the insured.
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