5 Terms
Home > Industry/Domain > Business services > Relocation
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
adjustable-rate mortgage (ARM)
Business services; Relocation
A loan with an interest rate that periodically changes in keeping with a current index, similar to one-year treasury bills. Typically, they can't jump more than two percentage points per year or six ...
addendum/addenda
Business services; Relocation
Something added. A list or other material added to a document, letter, contractual agreement, escrow instructions, etc.
acquisition and carrying costs
Business services; Relocation
Those fees and charges associated with establishing an appraised value, taking a home into inventory (except for formal closing costs in which title passes from the employee to the purchaser), and ...
acre
Business services; Relocation
A measure, usually of land containing 43,560 square feet in any shape.
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 installment 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 ...
