Tag: property
Easement
What is 'Easement' Easement is a real estate concept that defines a scenario in which one party uses the property of another...
Kiwi Bond
What is 'Kiwi Bond' Retail stock offered directly to the public and available only to New Zealand residents. Application forms and investment...
Tag-Along Rights
What are 'Tag-Along Rights' Tag-along rights, also referred to as "co-sale rights," are contractual obligations used to protect a minority shareholder, usually...
What Is Planned Obsolescence
DefinitionIn economics and industrial design, planned obsolescence is a policy of planning or designing a product with an artificially limited useful life, so that...
A-B Trust
What is 'A-B Trust' A trust created by a married couple with the objective of minimizing estate taxes. An A-B trust is...
Qualified Acquisition Cost
What is Qualified Acquisition Cost
Qualified Acquisition Cost (QAC) is a measure of the costs incurred by a company to acquire or develop new products...
Vacancy Rate
What is the 'Vacancy Rate' The vacancy rate is the percentage of all available units in a rental property, such as a...
Occupancy Fraud
What is 'Occupancy Fraud' A type of mortgage fraud, whereby the borrower lies about whether or not the home will be owner...
Obsolescence Risk
What is 'Obsolescence Risk' The risk that a process, product or technology used or produced by a company for profit will become...
Valuable Papers Insurance
What is 'Valuable Papers Insurance' A special type of property-casualty insurance. Valuable papers insurance will reimburse the policyholder for the monetary value...