Tag: policy

What is 'Accelerated Option' This term refers to an option in an insurance contract, usually in the form of a rider, that...

DefinitionAbeyance is a state of expectancy in respect of property, titles or office, when the right to them is not vested in any one...

What is 'Abatement' Abatement is a reduction in the level of taxation faced by an individual or company. Examples of an abatement...

DefinitionA property abstract is a collection of legal documents that chronicle transactions associated with a particular parcel of land. Generally included are references to...

DefinitionIn economics, "rational expectations" are model-consistent expectations, in that agents inside the model are assumed to "know the model" and on average take the...

What is 'Impression' A metric used to quantify the display of an advertisement on a web page. Impressions are used in banner...

DefinitionThe real bills doctrine asserts that money should be issued in exchange for short-term real bills of adequate value. The doctrine was developed by...

What is 'Real Time' When a system relays information to a user at a speed that is near instantaneous or has a...

DefinitionA real estate broker or real estate salesperson is a person who acts as an intermediary between sellers & buyers of real estate/real property....

What is a realtor Realtors are licensed professionals who help people buy and sell property. In most states, realtors must be at least 18 years...