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Year Over Year (YOY)
Year Over Year (YOY) What does 'Year Over Year - YOY' mean Year over year (YOY) is a method of evaluating two...
Implicit Rental Rate
Implicit Rental Rate What is 'Implicit Rental Rate' The opportunity costs that a firm incurs as a result of using their own...
DefinitionIn economics, an implicit cost, also called an imputed cost, implied cost, or notional cost, is the opportunity cost equal to what a firm...
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...
One Percent Rule
One Percent Rule What is 'One Percent Rule' A rule of thumb used to determine if the monthly rent earned from a...
Above Water What is 'Above Water' 1. Refers to the condition of a company's asset when its actual value is higher than...
DefinitionA lease is a contractual arrangement calling for the to pay the lessor for use of an asset. Property, buildings and vehicles are common...
DefinitionIn economics, an absentee landlord is a person who owns and rents out a profit-earning property, but does not live within the property's local...
Safe Deposit Box
DefinitionA safe deposit box, also known as a safety deposit box, is an individually secured container, usually held within a larger safe or bank...
Marketing Understanding the concept of marketing Marketing is a process through which companies communicate, promote, exchange and deliver offerings which have value for its...
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Should I invest in additional life coverage?
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