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...

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...

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...

Immediate Beneficiary

Immediate Beneficiary What is 'Immediate Beneficiary' A beneficiary designation most commonly used in charitable gift planning to describe which parties get an...

Named Beneficiary

Named Beneficiary What is 'Named Beneficiary' This term refers to any beneficiary named in a will, a trust, an insurance policy, pension...

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...

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...

Absentee Owner

Absentee Owner What is 'Absentee Owner' An individual who owns a piece of real estate but does not live in it. An...

Abeyance Order

Abeyance Order What is 'Abeyance Order' An order that is temporarily placed on hold or held in suspension, due to prevailing circumstances,...

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...

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