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73 Results for Tag: housing

Impaired Credit

Impaired Credit What is 'Impaired Credit' A deterioration in the creditworthiness of an individual or entity. This is usually reflected through a lower credit score, in the case of an indi

In-Service Withdrawal

In-Service Withdrawal What is 'In-Service Withdrawal' A withdrawal made from a qualified plan account before the holder experiences a triggering event. A triggering event, such as reaching

Year Over Year (YOY)

Year Over Year (YOY) What does 'Year Over Year - YOY' mean Year over year (YOY) is a method of evaluating two or more measured events to compare the results at one time period with those o

In-House

In-House What is 'In-House' In-house refers to conducting an activity or operation within a company, instead of relying on outsourcing. A firm uses its own employees and time to keep a div

Implied Authority

DefinitionImplied Authority of Contract is a legal term. In contract law, it is the implied ability of an individual to make a legally binding contract on behalf of an organization, by way o

Illegal Dividend

Illegal Dividend What is 'Illegal Dividend' A dividend declared by a corporation that is in violation of its charter and/or of state laws. Should such a dividend be declared, the company's

Impact Fee

DefinitionAn impact fee is a fee that is imposed by a local government within the United States on a new or proposed development project to pay for all or a portion of the costs of providing

Implied Warranty

DefinitionIn common law jurisdictions, an implied warranty is a contract law term for certain assurances that are presumed to be made in the sale of products or real property, due to the cir

National Housing Act

National Housing Act What is 'National Housing Act' Federal legislation passed in 1934 to create the Federal Housing Administration (FHA). Its purpose is to make credit more available to l

National Association of Realtors – NAR

DefinitionThe National Association of Realtors, whose member brokers are known as realtors, is a North American trade association for those who work in the real estate industry. It has over
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