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Acquisition indebtedness
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.
RELATED TERMS--------------------------------------
Loan A sum of borrowed money (principal) that is generally repaid with interest.
Interest Money paid to a lender as compensation for money that is borrowed.
SIMILAR TERMS--------------------------------------
Acquisition cost The amount of money or other valuable consideration expended to obtain title to a property.
PREVIOUS AND NEXT TERMS--------------------------------------
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 The amount of money or other valuable consideration expended to obtain title to a property.
Acquisition indebtedness
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.
Action to quiet title A court action to establish ownership of real property.
This dictionary contains 6433 terms. |
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