This is the primary source of authority that governs the government procurement process. FAR is...
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Corporation
Different and unassociated from its owners, a corporation is a legal entity that has the same...
Indirect costs
These are development costs separate from labor costs and direct materials. Indirect costs are...
Binder
This is a binding but temporary agreement that is secured by a payment to evidence good faith...
Hedging
This is the act of investing to protect finances and other investments by applying market...
Cash Flow After Tax/es (CFAT)
Also known as after-tax cash flow, CFAT measures the financial performance of a company exhibiting...
Guaranteed Maximum Price (GMP)
This is a cost-plus contract wherein reimbursments are paid to the contractor for all costs...
Expected Value (EV)
This is the foreseen value for an investment at a certain point in the future. It is estimated by...
Average free rent
Indicated in months, this is the span of time the rent abatement concession is anticipated to be...
Contract
Under the U.S. judicial system, a contract is a document that provides each party with a right that...
Core Investment
This is an investment made for a high quality real estate asset or site that is usually located in...
Hard Money Loan
With this asset-based loan, the borrower acquires funds secured by the value of a piece of real...
