Real Estate Financial Glossary

What is it? A term that is generally synonymous with real property. See also property.

Finance Term Definition Added By: Taylor

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Other Similar Finance Terms:

Financial Term Tangible personal property is Personal property other than real estate, such as cars, boats, or other assets.

Financial Term Business Assets is Property that is used in the operation of a trade or business, including real estate, inventories, buildings, machinery and other equipment, patents, franchise rights, and copyrights. Considered in determining an Expected Family Contribution (EFC) under the regular formula.

Financial Term Cash Advance Fee is A charge by the bank for using credit cards to obtain cash. This fee can be stated in terms of a flat per-transaction fee or a percentage of the amount of the cash advance.

Financial Term Title Deed is This is the legal document that not only identifies the owner of a property but also other details about the property and the land it is built upon.

Financial Term HP is Hire purchase - a type of credit whereby you hire the item you are buying for a fixed period, during which time you pay for the item in monthly instalments, plus interest.