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45 Results for Tag: owner

Key Person Insurance

DefinitionKey person insurance, also commonly called keyman insurance and key man insurance or 'key employee insurance', is an important form of business insurance. There is no legal definit

In Street Name

In Street Name What is an 'In Street Name' An in street name is a brokerage account where the customer's securities and assets are held under the name of the brokerage firm, rather than th

Immediate Beneficiary

Immediate Beneficiary What is 'Immediate Beneficiary' A beneficiary designation most commonly used in charitable gift planning to describe which parties get an immediate benefit from a tra

Implied Warranty Of Habitability

Implied Warranty Of Habitability What is 'Implied Warranty Of Habitability' An unstated guarantee that a rental property meets basic living and safety standards. When a tenant rents an apa

Named Beneficiary

Named Beneficiary What is 'Named Beneficiary' This term refers to any beneficiary named in a will, a trust, an insurance policy, pension plan accounts, IRAs, or any other instrument, to wh

Making Home Affordable

DefinitionThe Making Home Affordable program of the United States Treasury was launched in 2009 as part of the Troubled Asset Relief Program. The main activity under MHA is the Home Affordab

Accelerated Death Benefit (ADB)

Accelerated Death Benefit (ADB) What is an 'Accelerated Death Benefit - ADB' An accelerated death benefit (ADB) is a benefit that can be attached to a life insurance policy that enables th

Absentee Owner

Absentee Owner What is 'Absentee Owner' An individual who owns a piece of real estate but does not live in it. An absentee owner may also be an entity such as a corporation or real estate

Abeyance Order

Abeyance Order What is 'Abeyance Order' An order that is temporarily placed on hold or held in suspension, due to prevailing circumstances, until it can be fulfilled. In advertising, an ab

Abeyance

DefinitionAbeyance is a state of expectancy in respect of property, titles or office, when the right to them is not vested in any one person, but awaits the appearance or determination of th
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