Dictionary
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Antitrust Laws
Definition: Federal and state laws designed to maintain and preserve business competition.
Pronunciation:
Used in a Sentence: Antitrust laws prohibited the two companies from merging.
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Annual Percentage Rate
Definition: The total yearly cost of credit.
Pronunciation: an-yə(-wə)l, -yü-ə pər-ˈsen-tij
Used in a Sentence: The annual percentage rate for a 30yr mortgage is 4%.
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Annual Debt Service
Definition: The amount of money required each year for the payment of all mortgage principal and interest.
Pronunciation: an-yə(-wə)l, -yü-ə det
Used in a Sentence: The annual debt service is us...
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Anniversary Date
Definition: Recurring each year; the date an insurance policy must be renewed to remain in effect.
Pronunciation: a-nə-ˈvərs-rē
Used in a Sentence: The anniversary date of our insurance policy is ...
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Amortized Mortgage
Definition: A loan that is characterized by making regular payments over a long period of time.
Pronunciation: a-mər-ˌtīz-ed mȯr-gij
Used in a Sentence: The buyer preferred an amortized mortgag...
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Alluvion (alluvium)
Definition: The resulting increase to land by the gradual addition of matter (as by the deposit of sand or mud) that then belongs to the owner of the land to which it is added.
Pronunciation: ə-ˈlü...
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Alienation
Definition: a conveyance of property from one person to another.
Pronunciation: ˌā-lē-ə-ˈnā-shən
Used in a Sentence: The sale of property under a contract consummated by the delivery of a deed is ...
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Air Rights
Definition: A property right to the space above a surface area or object.
Pronunciation:
Used in a Sentence: The air rights above the property near the airport was limited due to aircraft in the a...