Tag: building

Uncommitted Facility

What is 'Uncommitted Facility' An uncommitted facility is an agreement between a lender and a borrower where the lender agrees to make...

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...

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...

Tailgating

DefinitionTailgating is when a driver drives behind another vehicle while not leaving sufficient distance to stop without causing a collision if the vehicle in...
U.S. Department of Housing and Urban Development

U.S. Department of Housing and Urban Development (HUD)

What is HUD and what does it do HUD is the U.S. Department of Housing and Urban Development, a Cabinet-level agency created in 1965 to...

BRIC

DefinitionIn economics, BRIC is a grouping acronym that refers to the countries of Brazil, Russia, India and China, which are all deemed to be...

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