Tag: term
Real Estate Operating Company (REOC)
What is ‘Real Estate Operating Company – REOC'
A company that invests in real estate and whose shares trade on a public exchange. A real...
Hard Money Loan
DefinitionA hard money loan is a specific type of asset-based loan financing through which a borrower receives funds secured by real property. Hard money...
Offshore Mutual Fund
What is 'Offshore Mutual Fund' A mutual fund that is based in an offshore jurisdiction, which is generally considered to be outside...
Offering Price
DefinitionAsk price, also called offer price, offer, asking price, or simply ask, is the price a seller states they will accept. Offering Price ...
Earnings Credit Rate (ECR)
Earnings Credit Rate (ECR) What is 'Earnings Credit Rate - ECR' A daily calculation of interest paid on idle funds that reduce...
Bad Debt Expense
What is a 'Bad Debt Expense' Bad debt expense represents the amount of uncollectible accounts receivable that occurs in a given period....
Take or Pay
DefinitionA take-or-pay contract is a rule structuring negotiations between companies and their suppliers. With this kind of contract, the company either takes the product...
Deal Breaker
DefinitionDeal Breaker is a 1995 thriller novel by Harlan Coben and is the first of the novels which feature Myron Bolitar. Deal Breaker ...
Underlying Mortality Assumption
What is 'Underlying Mortality Assumption' Projections of expected death rates used by actuaries to estimate insurance premiums and pension obligations. Underlying mortality...
Vendor Take-Back Mortgage
Home Ownership by Country Vendor Take-Back Mortgage What is a 'Vendor Take-Back Mortgage' A vendor take-back mortgage is a type of mortgage...