Adjustment: Decrease or increase in the sales price of a comparable property to account for a feature that the property has or does not have in comparison with the subject property.

 

Related Words

Adjustment: The changing of part of your game to be more competitive on the particular lane and/or lane condition you are bowling. This can mean an alignment change, equipment change, or even changes in . . . View Full Definition

Trade Adjustment Assistance: Assistance provided by the Departments of Labor and Commerce to workers and firms that are adversely affected by increased imports. The Labor Department administers a program offering certif . . . View Full Definition

Risk-Adjustment: The statistical adjustment of outcomes measures to account for risk factors that are independent of the quality of care provided and beyond the control of the plan or provider, such as the p . . . View Full Definition

Dairy And Tobacco Adjustment Act Of 1983: P.L. 98-180 (November 29, 1983) was designated the Dairy and Tobacco Adjustment Act of 1983. Title I authorized a voluntary dairy diversion program, which was operated between January 1984 a . . . View Full Definition

Agricultural Adjustment Act (AAA) Of 1933: P.L. 73-10 (May 12, 1933) was the New Deal initiative to assist the farm sector during the Great Depression. This was the first comprehensive effort to raise and stabilize farm prices and in . . . View Full Definition

Prior-Period Adjustments: Adjustments made directly to Retained Earnings in order to correct errors in the financial statements of prior periods.

Adjustment Period: In an adjustable rate mortgage (ARM), the adjustment period, is the period of time (i.e., one month, three months, six months, one year, etc.) between changes in one interest rate charged an . . . View Full Definition

Cost Of Living Adjustment (COLA): An annual adjustment in wages to offset a change in purchasing power, as measured by the Consumer Price Index. The Consumer Price Index is used rather than the Producer Price Index because t . . . View Full Definition

Agricultural Adjustment Act Amendment Of 1935: P.L. 74-320 (August 24, 1935) made several important and lasting changes to the Agricultural Adjustment Act of 1933. Section 22 of the law gave the President authority to impose quotas when . . . View Full Definition

Market Adjustment-Trading Securities Account: An account used to track the difference between the historical cost and the market value of a company's portfolio of trading securities.