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Acquisition cost
Acquisition cost The amount of money or other valuable consideration expended to obtain title to a property.
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Consideration
Anything of value given to induce someone into entering into a contract.
Title
1) The rights of ownership and possession of particular property. 2) In real estate usage, title may refer to the instruments or documents by which a right of ownership is established (title documents), or it may refer to the ownership interest one has in the real estate.
Property
The rights of ownership. The right to use, possess, enjoy, and dispose of a thing in every legal way and to exclude everyone else from interfering with these rights.
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Acquisition indebtedness
A loan you get to build your house, a loan to buy your house or any loan you take out to substantially improve your home. Interest paid on such a loan is generally tax-deductible.
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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.
Acknowledgment
A formal declaration before an authorized official (usually a notary public) by a person who has executed a document, that he did in fact execute (sign) the document.
Acquisition cost
Acquisition indebtedness
A loan you get to build your house, a loan to buy your house or any loan you take out to substantially improve your home. Interest paid on such a loan is generally tax-deductible.
Acre
A measure of land equal to 43.560 square feet, 4,840 square yards, 4,047 square meters, 160 square rods or 0.4047 hectares.
Acre foot
The water or other material needed to cover an acre of land one foot deep. Equivalent to 325,851 gallons.
Acrylic paint
A water-soluble paint with a plastic polymer (acrylic) binder.
Acrylic varnish
A coating that contains the same medium used to make water-soluble paints and glazes.
This dictionary contains 6433 terms. |
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