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Insurance company separate account
Insurance company separate account A real estate investment vehicle that may only be offered by life insurance companies. This ownership arrangement enables an ERISA-governed fund to avoid the creation of unrelated taxable income for certain types of property investments and investment structures.
RELATED TERMS--------------------------------------
Estate
The ownership interest of a person in real property, also used to refer to a deceased person's property.
Investment
Money directed toward the purchase, improvement and development of an asset in expectation of income or profits.
Life
Cycle costing In property management, comparing one type of equipment to another based on both purchase cost and operating cost over its expected useful lifetime.
Insurance
Protection against a specific loss over a period of time that is secured by the payment of a regularly scheduled premium.
Ownership
The right to possess and use property to the exclusion of others.
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--------------------------------------
Insulation
Materials including cellulose, glass fiber, rock wool, polystyrene, urethane foam and vermiculite that slow heat loss.
Insurable title
Title that a title insurance company is willing to insure.
Insurance
Protection against a specific loss over a period of time that is secured by the payment of a regularly scheduled premium.
Insurance binder
A written statement that warrants that an insurance policy will be issued on a property when title is transferred.
Insurance companies
Insurance companies accumulate large sums of money from the premiums paid by their policyholders.
Insured mortgage
A mortgage insured against loss to the mortgagee (lender) in the event of default and failure of the mortgaged property to satisfy the balance owing plus cost of foreclosure.
PREVIOUS AND NEXT TERMS--------------------------------------
Insulation
Materials including cellulose, glass fiber, rock wool, polystyrene, urethane foam and vermiculite that slow heat loss.
Insurable title
Title that a title insurance company is willing to insure.
Insurance
Protection against a specific loss over a period of time that is secured by the payment of a regularly scheduled premium.
Insurance binder
A written statement that warrants that an insurance policy will be issued on a property when title is transferred.
Insurance companies
Insurance companies accumulate large sums of money from the premiums paid by their policyholders.
Insurance company separate account
Insured mortgage
A mortgage insured against loss to the mortgagee (lender) in the event of default and failure of the mortgaged property to satisfy the balance owing plus cost of foreclosure.
Interest
Money paid to a lender as compensation for money that is borrowed.
Interest accrual rate
Percentage a borrower pays for the use of money, usually expressed as an annual percentage.
Interest deduction
Interest expense on a home loan that governments allows homeowners to subtract from their income before computing their income tax.
Interest factor
In a table, numbers derived from formulas used to determine the present or future value of money.
This dictionary contains 6433 terms. |
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