Heating Degree Day (HDD) What is 'Heating Degree Day - HDD' The number of degrees that a day's average temperature is below 65oFahrenheit (18o Celsius), the temperature below which buildin

DefinitionIn economics, an implicit cost, also called an imputed cost, implied cost, or notional cost, is the opportunity cost equal to what a firm must give up in order to use a factor of p

Manufactured Housing (MH) What is 'Manufactured Housing - MH' A housing unit constructed primarily off-site prior to being moved to a piece of property where it is set. The cost of constru

Above-The-Line Costs What is 'Above-The-Line Costs' Costs incurred during the production of an advertising commercial that are associated with the creative side of it. These costs include

Accelerated Bookbuild What is an 'Accelerated Bookbuild' An accelerated bookbuild is a form of offering in the equity capital markets. It involves offering shares in a short time period, w

DefinitionFacility management is a professional management discipline focused upon the efficient and effective delivery of support services for the organizations that it serves. The ISO defi

Waiver Of Coinsurance Clause What is 'Waiver Of Coinsurance Clause ' Language in an insurance policy that says the insurance company will not require application of the part of the policy

Uncommitted Facility What is 'Uncommitted Facility' An uncommitted facility is an agreement between a lender and a borrower where the lender agrees to make short-term funding available to

Land Value Tax (LVT) What is 'Land Value Tax - LVT' A tax on the value of a piece of land. Land value tax inherently makes up a portion of all real estate property tax; however, land value

Eat Your Own Dog Food What is 'Eat Your Own Dog Food' A colloquialism that describes a company using its own products or services for its internal operations. The term is believed to have