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Relocation
Referring to any service that assists a family to move house or a business to move from one establishment to another.
Industry: Business services
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Relocation
Accrued interest
Business services; Relocation
Interest on a note, bond, etc. Which has been earned but not yet paid. Since interest is usually paid in arrears, accrued interest does not necessarily indicate a delinquency in payment.
Abstract of title
Business services; Relocation
A historical summary of the public records relating to the title to a particular piece of land. An attorney or title insurance company reviews an abstract of title to determine whether there are any ...
Acceleration clause
Business services; Relocation
Clause used in an instalment note and mortgage (or deed of trust), which gives the lender the right to demand payment in full upon the happening of a certain event, such as failure to pay an ...
Acceptance
Business services; Relocation
Voluntarily agreeing to the price and terms of an offer. Offer and acceptance creates a contract.
Cooperative
Business services; Relocation
A property, such as an apartment, whose title is held by a corporation with residents owning shares in such corporation that entitle them to occupy a certain amount of living space pursuant to a ...
Flight charge
Business services; Relocation
An extra charge for carrying items up or down flights of stairs.
Functional obsolescence
Business services; Relocation
A property which does not comply with recognised utility. It may contain features that are not practical or desirable.
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