These are the total number of shares of common stock of a company that will be outstanding if all...
Author - Richard Wilson
Cul-de-sac
Also referred to as a dead-end, it is a street that only has one outlet or inlet. It typically...
Financial Leverage
This refers to the utilization of borrowed funds in order to obtain an investment.
Incubator
This is an economical development specifically created and designed to support up-and-coming or new...
Dock-high Door
This is a loading dock door that is elevated to four feet so that it will be even with the standard...
Closing costs
This refers to the costs the buyer needs to pay at the time of the closing. Closing costs can...
Equity
This is the fair market value of an asset less the value of any liabilities on the asset. It is...
Forecast
This is a prediction or an estimate of a future outcome or condition.
Descent
This is the acquisition of a particular property through inheritance laws. Upon the death of...
Defeasance
This is the process of a borrower being released from their debt obligation by exchanging the lien...
