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18 Results for Tag: owners

Imputed Cost

DefinitionIn economics, an implicit cost, also called an imputed cost, implied cost, or notional cost, is the opportunity cost equal to what a firm must give up in order to use a factor of p

Management Buyout (MBO)

Management Buyout (MBO) What is a 'Management Buyout - MBO' A transaction where a company’s management team purchases the assets and operations of the business they manage. A management

Management And Employee Buyout (MEBO)

Management And Employee Buyout (MEBO) What is 'Management And Employee Buyout - MEBO' A restructuring initiative that involves both managerial and non-managerial employees buying out a fir

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

Abandoned Property

Abandoned Property What is 'Abandoned Property' Assets such as cash, stocks, bonds, mutual funds, uncashed checks, land, life insurance policies and the contents of safe deposit boxes that

Savings Incentive Match Plan For Employees Of Small Employers (SIMPLE)

Savings Incentive Match Plan For Employees Of Small Employers (SIMPLE) What is 'Savings Incentive Match Plan For Employees Of Small Employers - SIMPLE' A retirement plan that may be establ

Party Wall

DefinitionA party wall is a dividing partition between two adjoining buildings that is shared by the occupants of each residence or business. Typically, the builder lays the wall along a pro

Foreclosure

DefinitionForeclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the

Water Damage Legal Liability Insurance

Water Damage Legal Liability Insurance What is 'Water Damage Legal Liability Insurance' A policy that provides financial protection to a person or business that unintentionally causes wate

General Partnership

DefinitionIn most countries, a general partnership is an association of persons or an unincorporated company with the following major features... General Partnership What is a 'General Part
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