Related Words

Approved List: A list of equities and other investments that a financial institution or mutual fund is approved to make. See: Legal list.

National Priorities List For Uncontrolled Hazardous Waste Sites: (National Priorities List or NPL) EPA's list of the most serious uncontrolled or abandoned hazardous waste sites in the United States. The NPL is updated on a regular basis.

Mutualistic: Conferring reciprocal benefit to individuals of two different associated species

Multiple-Listing Service (MLS): A marketing organization composed of member brokers who agree to share their listing agreements with one another in the hope of procuring ready, willing and able buyers for their properties . . . View Full Definition

Multiple Listing: An agreement used by a broker who is a member of a multiple-listing organization, providing the exclusive right to sell, with the additional authority and obligation to distribute the listin . . . View Full Definition

Multiple-Listing Clause: A provision in an exclusive listing for the authority and obligation on the part of the listing broker to distribute the listing to other brokers in the multiple-listing organization.

Naturalistic Animation: An aesthetic tenet of animation which advocates that animation replicate live-action film/video as much as possible: cartoon characters should resemble objects in reality and our view of the . . . View Full Definition

Net Listing: An employment contract in which the broker receives as commission all excess monies over and above the minimum sales price agreed on by broker and seller. Because of the danger of unethical . . . View Full Definition

Open Listing: A listing given to any number of brokers who can work simultaneously to sell the owners property. The first broker to secure a buyer who is ready, willing and able to purchase at the terms o . . . View Full Definition

Option Listing: A listing in which the broker also retains an option to purchase the property for the brokers own account. In view of the body of litigation involving breach of fiduciary duties by brokers w . . . View Full Definition