Tag: years

What is the 'Real Economic Growth Rate' The real economic growth rate measures economic growth, in relation to gross domestic product (GDP),...

DefinitionReturn on investment is the ratio between the net profit and cost of investment resulting from an investment of some resource. A high ROI...

DefinitionA lease is a contractual arrangement calling for the to pay the lessor for use of an asset. Property, buildings and vehicles are common...

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...

What is the 'Real Value' The real value is nominal value adjusted for inflation. The real value is obtained by removing the...

What is a Rate-Improvement Mortgage A rate-improvement mortgage is a type of home loan that offers a lower interest rate than the standard fixed-rate mortgage....

What is 'Reaffirmation' An agreement made between a debtor and a creditor to repay some or all of a debt. Reaffirmations are...

If you're like most homeowners, your mortgage is probably the biggest financial commitment you've ever made. So if you're thinking of refinancing, it's important...

What is 'Rainmaker' A broker or financial advisor who brings a large number of wealthy clients to the firm he or she...

DefinitionRamp up is a term used in economics and business to describe an increase in a firm's production ahead of anticipated increases in product...