Inspector Financial Glossary

What is it? The property/mechanical inspector examines a home to evaluate its plumbing, electrical work, appliances, heating and cooling systems, roof and structural stability.

Finance Term Definition Added By: Caleb

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Other Similar Finance Terms:

Financial Term deferred charges is Costs capitalized as assets on a firms balance sheet for expenses such as long-term expenses that will not be recovered in the normal working capital cycle of the business or expenditures that will be charged to future operations. Examples include costs of rearranging equipment in a factory and capitalized research costs.

Financial Term Title Search is A review of all recorded documents affecting a specific piece of property to determine the present condition of title.

Financial Term Preference Share is A share in a listed company that pays the holder a fixed rate of interest rather than a dividend. Preference shareholders are also paid out first if a company is liquidated.

Financial Term Stock is An instrument that signifies an ownership position, or equity, in a corporation, and represents a claim on its proportionate share in the companys assets and profits. Also called equities or equity securities or corporate stock. See also share.

Financial Term Golden Parachute. is A plan devised by existing management stipulating that an acquiring company has to pay executives of the acquired company a substantial sum of money in the event of removing the former.