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Anchor
Anchor The tenant that serves as the predominant draw to a commercial property, usually the largest tenant in a shopping center.
RELATED TERMS--------------------------------------
Tenant Any person in possession of real property with the permission of the owner.
Draw A payment, made periodically, to a construction contractor or subcontractor as work progresses. A draw is part of a construction loan.
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.
SIMILAR TERMS--------------------------------------
Anchor bolt A large steel bolt anchored in concrete and attached to a building to prevent the structure from moving.
Anchorage property Property in Anchorage, USA. Apartments, flats, houses, offices and other property in Anchorage.
PREVIOUS AND NEXT TERMS--------------------------------------
Amortization term Expressed in months, this term simply states how long it will take you to pay off your mortgage.
Amortize To pay a debt in periodic amounts until the total amount, including any interest, is paid.
Amortized loan A loan in which the principal as well as the interest is payable in monthly or other periodic installments over the term of the loan.
Amount financed The principal that is financed. It could include the cost of the purchase and other items rolled into the payments.
Amperage The strength of an electrical current.
Anchor
Anchor bolt A large steel bolt anchored in concrete and attached to a building to prevent the structure from moving.
Annexation An addition to property by the act of joining or uniting one thing to another, as in attaching personal property to real property, thereby creating a fixture.
Annual Any kind of plant that must be planted every year.
Annual debt service Monthly loan payments (principal and interest, if any) times 12 months.
Annual mortgagor statement A report sent to the borrower every year, detailing how much principal remains on the home loan and how much was paid in taxes and interest during the previous year.
This dictionary contains 6433 terms. |
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