LANDLOCKED
A parcel of property without any direct access via public thoroughfare except through an adjacent lot. For instance, an empty lot behind a mall and can only be reached by passing through the mall is considered landlocked. A landlocked property is literally "locked-up" because it is surrounded by other buildings and may be hidden from view. Due to its inaccessibility, this type of land is worth less than other properties, making it more difficult to sell these lands.
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Take-Home Pay
Pay received by an individual from working after adding bonuses and subtracting employment taxes, cost of benefits, and retirement contributions. I ...
Redemption Fee
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Catalyst
Something causing or initiating a significant event to happen such as news and information. Initially, it used to pertain to a reaction in chemistr ...
Optimal Currency Area
The geographic area in which a single currency would create the greatest economic benefit. While traditionally each country has maintained its own ...
Advance Canvass
A technique employed by companies to gain a “buzz” in advance of a promotional campaign or a new product launch, by paying a visit to r ...
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