Tag: house

Tenement definition explanation

What is Tenement?
A housing structure that has several houses or units put together, often called an apartment. The word “”tenement”” was used most frequently many years ago to reference housing usually inhabited by lower income families. These buildings are simple rental properties that are more practical for those unable to afford a house or for those who would like to live in an area, such as city centers, where there are no houses to purchase. Read more for examples and further explanation including related video clips and also comments
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House Poor definition explanation

What is House Poor?
A situation that describes a person who spends a large proportion of his or her total income on home ownership, including mortgage payments, property taxes, maintenance and utilities. House poor individuals are short of cash for discretionary items and tend to have trouble meeting other financial obligations like vehicle payments. Read more for examples and further explanation including related video clips and also comments
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Deed Of Release definition explanation

What is Deed Of Release?
A legal document that removes a previous claim or lien on an asset. A deed of release is usually issued once a mortgage or other type of debt, previously secured against the asset, has been paid in full. After the deed of release is written, the asset is owned free and clear by the owner, and any previous claims against the asset that the lender may have had are dissolved. Read more for examples and further explanation including related video clips and also comments
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In-House Financing definition explanation

What is In-House Financing?
A type of seller financing in which a firm extends customers a loan, allowing them to purchase its goods or services. In-house financing eliminates the firm’s reliance on the financial sector for providing the customer with funds to complete a transaction. Read more for examples and further explanation including related video clips and also comments
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Arm’s Length Transaction definition explanation

What is Arm’s Length Transaction?
A transaction in which the buyers and sellers of a product act independently and have no relationship to each other. The concept of an arm’s length transaction is to ensure that both parties in the deal are acting in their own self interest and are not subject to any pressure or duress from the other party. Read more for examples and further explanation including related video clips and also comments
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Time Horizon definition explanation

What is Time Horizon?
The length of time over which an investment is made or held before it is liquidated. Time horizons can range from seconds, in the case of a day trader, all the way up to decades for a buy-and-hold investor. There is no “”right”” time frame – it depends on the investor’s individual objectives. Read more for examples and further explanation including related video clips and also comments
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Consumer Price Index For Urban Wage Earners And Clerical Workers – CPI-W definition explanation

What is Consumer Price Index For Urban Wage Earners And Clerical Workers – CPI-W?
A variation of the consumer price index, as complied by the Bureau of Labor Statistics in the United States, that measures the consumer prices certain workers are exposed to. The index is primarily used on an annual basis, to reflect changes in the costs of benefits paid to Social Security beneficiaries.

The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) is updated monthly – usually with a one-month lag. Read more for examples and further explanation including related video clips and also comments
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