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Balance sheet
Balance sheet A report of financial condition, including assets, liabilities and net worth.
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Assets
Real and personal property in which a person has an unencumbered ownership or equity and which has value.
Liabilities
A person's financial obligations. Liabilities include long-term and short-term debt, as well as any other amounts that are owed to others.
SIMILAR TERMS--------------------------------------
Balakovo property
Property in Balakovo, Russia. Apartments, flats, houses, offices and other property in Balakovo.
Balance
The appraisal principle that states that the greatest value in a property will occur when the type and size of the improvements are proportional to each other as well as the land.
Balanced trust
A "combination trust" is referred to as a "balanced trust" in California.
Balashikha property
Property in Balashikha, Russia. Apartments, flats, houses, offices and other property in Balashikha.
PREVIOUS AND NEXT TERMS--------------------------------------
Back-to-back escrow
A closing that is set up so that one party can finalize the purchase of one property and the sale of another at the same time.
Backup offer
An offer to buy, submitted to a seller, with the understanding that the seller has already accepted a prior offer; a secondary offer.
Backwater valve
A valve in a sewer line that prevents sewage from flowing back into a house.
Bail bond lien
A real estate owner who is charged with a crime for which he or she must face trial, and may post bail in the form of real estate rather than cash.
Balance
The appraisal principle that states that the greatest value in a property will occur when the type and size of the improvements are proportional to each other as well as the land.
Balance sheet
Balanced trust
A "combination trust" is referred to as a "balanced trust" in California.
Balcony
A part of the building usually enclosed by a railing or balustrade that projects from either an inside or outside wall of a building.
Balloon loan
Mortgage in which the remaining principal balance becomes fully due and payable at a predetermined time.
Balloon mortgage
A mortgage that typically offers low rates for an initial period of time (usually 5, 7, or 10) years; after that time period elapses, the balance is due or is refinanced by the borrower.
Balloon or bullet loan
A loan with a maturity that is shorter than the amortization period.
This dictionary contains 6433 terms. |
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