Dictionary

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...

Definition:   a claim that may affect all of the properties of a debtor. Pronunciation:   \ˈjen-rəl, ˈje-nə-\ \ˈlēn, ˈlē-ən\ Used in a Sentence:   There was a general lien against the debtor for un...

Definition:   One authorized by the principal to perform only acts related to a business or to employment of a particular nature. Pronunciation:  \ˈjen-rəl, ˈje-nə-\ \ˈā-jənt\ Used in a Sentence:  ...

Definition:  A roof design that peaks at the center ridge and extends downward on two opposite sides. Pronunciation:  \ˈgā-bəl\ Used in a Sentence:   What really attracted us to the house was the g...

Definition:   A tenancy in real property with no set end date that can be measured by the lifetime of an individual or can be inherited by heirs. Pronunciation:   \ˈfrē-ˌhōld\\i-ˈstāt\ Used in a Se...

Definition:  Title to real property that is absolute and unburdened by any liens, mortgages, clouds or other encumbrances. Pronunciation: Used in a Sentence:    After review the abstract of title t...