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Effective interest rate
Effective interest rate The actual rate or yield of a loan, regardless of the amount stated on the debt instrument.
RELATED TERMS--------------------------------------
Rate
Percentage a borrower pays for the use of money, usually expressed as an annual percentage.
Yield
The interest earned by an investor on his investment (or bank on the money it has lent).
Loan
A sum of borrowed money (principal) that is generally repaid with interest.
Debt
An amount owed to another.
Instrument
A written legal document created to secure the rights of the parties participating in the agreement.
SIMILAR TERMS--------------------------------------
Effective age
An appraiser’s estimate of the physical condition of a building. The actual age of a building may be shorter or longer than its effective age.
Effective date
The date on which a registration statement becomes effective and the sale of securities can commence
Effective federal funds rate
The average interest rate that federal funds actually trade at in a day.
Effective gross income (EGI)
The total income from a property generated by rents and other sources, less a vacancy factor estimated to be appropriate for the property. EGI is expressed as collected income before expenses and debt service.
Effective gross rent (EGR)
The net rent generated, after adjusting for tenant improvements and other capital costs, lease commissions and other sales expenses
Effective rent
The actual rental rate to be achieved by the landlord after deducting the value of concessions from the base rental rate paid by a tenant, usually expressed as an average rate over the term of the lease
Effective rental income
Potential rental income minus vacancy and credit losses.
PREVIOUS AND NEXT TERMS--------------------------------------
Effective age
An appraiser’s estimate of the physical condition of a building. The actual age of a building may be shorter or longer than its effective age.
Effective date
The date on which a registration statement becomes effective and the sale of securities can commence
Effective federal funds rate
The average interest rate that federal funds actually trade at in a day.
Effective gross income (EGI)
The total income from a property generated by rents and other sources, less a vacancy factor estimated to be appropriate for the property. EGI is expressed as collected income before expenses and debt service.
Effective gross rent (EGR)
The net rent generated, after adjusting for tenant improvements and other capital costs, lease commissions and other sales expenses
Effective interest rate
Effective rent
The actual rental rate to be achieved by the landlord after deducting the value of concessions from the base rental rate paid by a tenant, usually expressed as an average rate over the term of the lease
Effective rental income
Potential rental income minus vacancy and credit losses.
EFT
Electronic funds transfer. The transfer of money between accounts by consumer electronic systems such as automated teller machines (ATMs), and electronic payment of bills.
Egress
A way to exit from a property; the opposite of ingress.
Ejectment
Action to regain possession or real property. This is a last-ditch effort that is used when there is no relationship between landlord and tenant.
This dictionary contains 6433 terms. |
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