Related Words

Best-Faith Estimate: The acquisition cost is the purchase price plus a best-faith estimate of all settlement costs.

Good Faith Estimate: This document lists the estimated fees you will have to pay to get the loan. It also identifies who is expected to provide services and receive fees in connection with your loan, such as cre . . . View Full Definition

Good-Faith Estimate: A preliminary accounting of expected closing costs. The Real Estate Settlement Procedures Act (RESPA) requires the lender to promptly give loan applicants a good-faith estimate of closing costs.

Institutional Brokers Estimate System (IBES): A broker who buys and sells securities for institutional investors such as banks, and mutual funds, pensions.

Universe Estimate (UE): The population chosen for a research study. The estimated number of actual households or people from which the sample will be taken and to which data will be projected.

Estimated Sellers Proceeds: An estimate of the net amount an owner will receive from the sale of his or her property. An Estimated Sellers Proceeds form is filled out by the listing broker and calculates the proceeds b . . . View Full Definition

Estimated Buyers Costs: An estimate of the buyers total cash requirements to purchase real property. A realistic estimate of all costs and payments based on the buyers offer.

Direct Estimate Method: Expenses, such as labor, overhead, and materials, that vary in direct proportion to units produced or services rendered.

Earnings Estimate: Professional stock analysts use mathematical models that weigh companies' financial data to predict their future earnings per share on a quarterly, annual, and long-term basis. Investment re . . . View Full Definition

Estimate: The amount of labor, materials, and other costs that a contractor anticipates for a project as summarized in the contractor's bid proposal for the project.