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Accretion
Accretion The increase or addition of land by the deposit of sand or soil washed up naturally from a river, lake or sea.
RELATED TERMS--------------------------------------
Land The earth's surface, extending downward to the center of the earth and upward infinitely into space, including things permanently attached by nature, such as trees and water.
Deposit A cash lump sum, usually expressed as a percentage of the value of the property, given by the buyer to the seller.
SIMILAR TERMS--------------------------------------
Accra property Property in Accra, Ghana. Apartments, flats, houses, offices and other property in Accra.
Accreation Accreation refers to the addition or the increase of land by the deposit of sand or soil washed up naturally from a river, lake or sea.
Accrued depreciation 1) In accounting, a bookkeeping account that shows the total amount of depreciation taken on an asset since it was acquired. 2) For appraisal purposes, the difference between the cost to reproduce the property (as of the appraisal date) and the property's current value as judged by its "competitive condition."
Accrued items In a closing statement, items of expense that are incurred but not yet payable, such as interest on a mortgage loan or taxes on real property.
Accrued weeks term relating to time-shares, used for weeks that have accumulated from the prior year and are available for use in the current calendar year.
PREVIOUS AND NEXT TERMS--------------------------------------
Accessibility The degree to which a building or site allows access to people with disabilities.
Accession Acquiring title to additions or improvements to real property as a result of the annexation of fixtures or the accretion of alluvial deposits along the banks of streams.
Accident, sickness and unemployment insurance (ASU) Pays a percentage of your monthly mortgage payments if you are made unemployed or are unable to work due to an accident or sickness. The policyholder chooses the deferral period, determining how quickly the policy will payout in the event of any of the three incidences listed above. Also known as Payment Protection Insurance.
Accord and satisfaction The settlement of an obligation. An accord is an agreement by a creditor to accept less than bargained for from a debtor. The creditor's acceptance of the accord constitutes satisfaction of the debt.
Accounting The agent must be able to report the status of all funds received from or on behalf of the principal.
Accretion
Accrued depreciation 1) In accounting, a bookkeeping account that shows the total amount of depreciation taken on an asset since it was acquired. 2) For appraisal purposes, the difference between the cost to reproduce the property (as of the appraisal date) and the property's current value as judged by its "competitive condition."
Accrued items In a closing statement, items of expense that are incurred but not yet payable, such as interest on a mortgage loan or taxes on real property.
Accrued weeks term relating to time-shares, used for weeks that have accumulated from the prior year and are available for use in the current calendar year.
Accusation The first step in a disciplinary action against a licensee.
Acetate The plastic sheet material often used for making stencils.
This dictionary contains 6433 terms. |
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