This type of industrial property allows goods to be moved or transported in an efficient manner from a warehouse directly to a consumer.
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Economic Base
This refers to the economic sectors or activities in a regional or local economy. The activities account for a share of the area's income that is generated from the export of their services and goods.
Compound Interest
In contrast with simple interest, compound interest is computed on the principal and unpaid accumulated interest. To calculate this, you will have to multiply the starting principal amount by 1 adding in the yearly interest rate...
Clear Height
Also referred to as clear headway or clearance, clear height is the distance from the lowest part of the ceiling or any objects that are hanging, joists, beams, or truss to the floor. Considered to be the most important...
Excess Earning Method
This is the same as the capitalized earning method. However, the only exception is that the excess meaning method splits off return on assets from other earnings.
Future Value Factor
Also referred to as FV factor or the future amount of one, the future value factor is a calculation used to determine the future value of 1 unit today, n number of periods into the future. It is equal to (1 + r)^n, wherein r is...
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Bargain and Sale Deed
This guarantees that the grantor has the title to the property. However, it does not guarantee that it is free of liens or other encumbrances. It also doesn't warrant that the title is free of any kind of defects.
Collateral
This is a good being lent against. It is what the lender will accept as security for a particular loan. It typically takes the form of real estate or other kinds of assets that will correlate to the purpose of the loan. Once the...
