Related Words

Property Plant And Equipment: Tangible, long-lived assets acquired for use in business operations: includes land, buildings, machinery, equipment, and furniture.

Property Inventory: A list of personal property with corresponding values and initial costs often used to substantiate insurance claim and tax losses.

Property Dividend: The distribution to shareholders of assets other than cash.

Property Management: That aspect of the real estate industry devoted to marketing, leasing, managing, and the maintenance of the property of others.

Property Manager: Someone who manages real estate for another person for compensation. Duties include collecting rents, maintaining the property and keeping up all accounting.

Property Plant And Equipment Turnover: A measure of how well property, plant, and equipment are being utilized in generating a period's sales: computed by dividing net sales by average property, plant and equipment.

Property Brief: Produced by the listing agent, a property brief is simply a one-page flier about the property pointing out attractive features. It usually contains a drawing or photograph of the home, and i . . . View Full Definition

Property Reports: The mandatory federal and state documents compiled by subdividers and developers to provide potential purchasers with facts about a property prior to their purchase.

Property Analysis: A study made to familiarize a property manager with the nature and condition of a building, its relative market position, and its estimated income and operating expenses.

Profit And Loss Account: An account made up of revenue and expense accounts which shows the current profit or loss of a business (ie. whether a business has earned more than it has spent in the current year). Often . . . View Full Definition