Dictionary

Definition:   a type of land description developed by federal government for subdividing lands using surveying lines. Pronunciation:   \ˈgə-vər(n)-mənt\ \sər-ˈvā, ˈsər-ˌ\ \ˈsis-təm\ Used in a Sente...

Definition:   An intangible asset arising from the reputation of a business. Pronunciation:   \ˌgu̇d-ˈwil\ Used in a Sentence:   Because the store had been in business for several years, it’s goodw...

Definition:   A preliminary accounting of expected closing costs. Pronunciation: Used in a Sentence:   The good faith estimate detailed all of the costs we would incur upon closing on the property.

Definition:   a party’s honest intent to transact business, free from any intent to defraud the other party. Pronunciation: Used in a Sentence:   The potential buyer submitted a good faith offer on...

Definition:  a promise that cannot be measured in terms of money, such as love and affection Pronunciation: \kən-ˌsi-də-ˈrā-shən\ Used in a Sentence:  

Definition: the value of an established business property compared with the value and assets of a concern whose business is not yet established. Pronunciation: Used in a Sentence:   The restaurant ...

Definition:  A federal agency that is part of the Department of Housing and Urban Development (HUD).  Ginnie Mae provides low-cost mortgages to traditionally underserved sectors of the housing mark...

Definition:  an instrument of conveyance containing the strongest and most comprehensive promises of further assurance for a seller to convey to a buyer. Pronunciation:  \ˈjen-rəl, ˈje-nə-\ \ˈwȯr-...

Definition:   An association of two or more persons for the purpose of jointly conducting a business and sharing full liability for the debts and obligations of the partnership. Pronunciation:  \ˈj...