|
| | |
Reverse annuity mortgage (RAM)
Reverse annuity mortgage (RAM) A loan under which the homeowner receives monthly payments based on his or her accumulated equity rather than a lump sum.
RELATED TERMS--------------------------------------
Loan
A sum of borrowed money (principal) that is generally repaid with interest.
Equity
The difference between the market value of a property and the amount still owed on the mortgage.
SIMILAR TERMS--------------------------------------
Revenue stamps
Formerly, federal tax on a sale of real property. Canceled and replaced by state tax stamps.
Reverse mortgage
A special program for the elderly that provides income until death.
Reversion
The right of future possession and use by the grantor of a life estate.
Reversion capitalization rate
The capitalization rate used to determine reversion value.
Reversion value
A lump-sum benefit that an investor receives or expects to receive at the termination of an investment.
Reversionary interest
The remnant of an estate that the grantor holds after granting a life estate to another person.
Reversionary right
The return of the rights of possession and quiet enjoyment to the lessor at the expiration of a lease.
PREVIOUS AND NEXT TERMS--------------------------------------
Return on assets
The income after taxes for the trailing 12 months divided by the average total assets, expressed as a percentage.
Return on equity
The income available to common stockholders for the trailing 12 months divided by the average common equity, expressed as a percentage.
Return on equity (ROE)
An investment return ratio derived by dividing cash return, or net profit, by equity.
Return on investments
The trailing 12-month income after taxes divided by the average total long-term debt, other long-term liabilities and shareholders equity, expressed as a percentage.
Revenue stamps
Formerly, federal tax on a sale of real property. Canceled and replaced by state tax stamps.
Reverse annuity mortgage (RAM)
Reverse mortgage
A special program for the elderly that provides income until death.
Reversion
The right of future possession and use by the grantor of a life estate.
Reversion capitalization rate
The capitalization rate used to determine reversion value.
Reversion value
A lump-sum benefit that an investor receives or expects to receive at the termination of an investment.
Reversionary interest
The remnant of an estate that the grantor holds after granting a life estate to another person.
This dictionary contains 6433 terms. |
|
|
