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Unearned income
Unearned income Income such as interest, dividends, capital gains or rents, as opposed to earned income, such as wages, tips and salaries.
RELATED TERMS--------------------------------------
Interest
Money paid to a lender as compensation for money that is borrowed.
Capital
Accumulated wealth.
SIMILAR TERMS--------------------------------------
PREVIOUS AND NEXT TERMS--------------------------------------
Underwriting
The process of analyzing a loan application to determine the amount of risk involved in making the loan.
Undisclosed dual agency
An illegal situation that arises when a real estate broker represents both parties but does not inform one or more of the parties.
Undisclosed heir
A person who claims the right to a piece of property after the death of an owner without a will.
Undisclosed spouse
An unidentified marital partner who can claim the right to a piece of property.
Undue influence
Strong enough persuasion to completely overpower the free will of another and prevent him or her from acting intelligently and voluntarily, as in a case where a broker guilty of blockbusting has induced someone to sell in fear of a change in the racial character of the community.
Unearned income
Unencumbered
Property that is free of liens and other encumbrances.
Unenforceable contract
A contract which is considered unenforceable either because it cannot be proven or will not be enforced by a court.
Unequivocal
Unambiguous; clear; having only one possible meaning or interpretation.
Uniform Building Code
A national building code published by the International Conference of Building Officials.
Uniform Commercial Code
A codification of commercial law, adopted in most states, that attempts to make uniform all laws relating to commercial transactions, including chattel mortgages and bulk transfers.
This dictionary contains 6433 terms. |
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