Tag: terms

Lagging Indicator

What is a 'Lagging Indicator' A lagging indicator is a measurable economic factor that changes only after the economy has begun to...

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...

Laughing Heir

DefinitionIn the law of inheritance, a laughing heir is an heir who is legally entitled to inherit the property of a person who has...
land contract

Land Contract

What is a land contract and how does it works? A land contract is a contract between the buyer and seller of a piece of...
Landlord

Landlord

Being a landlord can be a very profitable business venture, but it also comes with a lot of responsibility. In this blog post, we...

Lease Option

DefinitionA lease option is a type of contract used in both residential and commercial real estate. In a lease-option, a property owner and tenant...

Earnest Money

DefinitionAn earnest payment is a specific form of security deposit made in some major transactions such as real estate dealings or required by some...

Earnings Allowance

What is 'Earnings Allowance' Calculation on the net funds available in a checking account and the credit amount can be used to...

Earnings Before Interest & Tax (EBIT)

What is 'Earnings Before Interest & Tax - EBIT' An indicator of a company's profitability, calculated as revenue minus expenses, excluding tax...

Earnings Power

What is 'Earnings Power' Earnings power is a business' ability to generate profit from conducting its operations. It is used to analyze...

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