Tag: house
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...
Land Contract
What is a land contract and how does it works?
A land contract is a contract between the buyer and seller of a piece of...
Lame Duck
What is a lame duck
A lame duck, in finance, is a firm or individual that is no longer able to make sound financial decisions....
Earnest Money
DefinitionAn earnest payment is a specific form of security deposit made in some major transactions such as real estate dealings or required by some...
Each Way
What is 'Each Way' A slang phrase used when a broker earns commissions from both parties in a security sale. The purchaser...
Package Deal
DefinitionPackage Deal is a Canadian television sitcom created by Andrew Orenstein about three brothers and the woman who comes between them. It debuted on...
TARP Bonuses
What are TARP bonuses and how do they work
TARP bonuses are payments made to executives of companies that have received financial assistance from the...
ABC Agreement
What is 'ABC Agreement' An agreement made between a purchasing member with a seat on the NYSE and the firm in which...
U.S. House Financial Services Committee
DefinitionThe United States House Committee on Financial Services is the committee of the United States House of Representatives that oversees the entire financial services...
Vacation Home
What is 'Vacation Home' A dwelling other than the owner's primary residence that is used for recreational purposes, like vacations (hence the...