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Adjoining
Adjoining
In actual contact with another object (i.e., attached).
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Additional principal payment
Extra money included with a loan payment to pay off the amount owed faster.
Additional rent
Money due under a lease in additon to base rent, such as operating expense increases.
Add-on interest
The interest a borrower pays on the principal for the duration of the loan.
Add-on rate
Interest charged on a principal amount for specified term, regardless of any repayments of principal.
Ademption
Disposal by a testator in his or her lifetime of a specific property bequeathed in his or her will so the bequest is revoked.
Adjoining
Adjustable Rate Mortgage
A financing technique in which the lender can raise or lower the mortgage interest rate according to a set index, such as six-month Treasury bills.
Adjustable-rate mortgage (ARM)
A mortgage in which the interest changes periodically, according to corresponding fluctuations in an index. All ARMs are tied to indexes.
Adjusted basis
The original cost basis of a property reduced by certain deductions and increased by certain improvement costs.
Adjusted cost basis
The amount paid for an item, plus the amount paid for improvements, minus losses and depreciation.
Adjusted funds from operations (AFFO)
A measure of REIT performance or ability to pay dividends used by many analysts with concerns about quality of earnings as measured by funds from operations (FFO).
This dictionary contains 6433 terms. |
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